TED: How Netflix changed entertainment -- and where it's headed | Reed Hastings

Reed Hastings discusses Netflix's strategic shift from DVD rentals to streaming original content, highlighting the introduction of binge-watching with 'House of Cards'. He explains Netflix's significant investment in content creation and the company's unique culture that emphasizes freedom and responsibility. Hastings also touches on the role of data and algorithms in Netflix's success and shares his passion for education, particularly through charter schools.

How did Netflix's approach to content differ from traditional cable networks?

What significant decision did Netflix make around 2011 that changed its business model?

What was the financial investment for the show 'House of Cards' and why was it considered significant?

What was the initial reaction of Reed Hastings regarding the investment in original content?

How did Netflix's introduction of binge-viewing impact consumer behavior?

What cultural aspects of Netflix's organization contribute to its innovative decisions?

How does Netflix utilize data to enhance its content recommendations?

What challenges does Netflix face in maintaining a balance between popular and quality content?

In what ways does Reed Hastings believe education systems need to change?

What is Reed Hastings' perspective on the role of charter schools in the education system?