Netflix CEO Reed Hastings says: Cable TV will be phased out in 5 to 10 years
Recently, Netflix CEO Reed Hastings confidently said on an investor conference call that Netflix is in a good place because cable TV will be “dead in 5 to 10 years”. Netflix has more than 220 million paying subscribers worldwide, but has lost up to 1.3 million subscribers in the U.S. and Canada in the past […]
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