URL: https://digitalcollections.hoover.org/objects/3370 Collection Structure Commonwealth Club of California records > Sound recordings of club programs > The Netflix Effect Item Title The Netflix Effect Collection Title Commonwealth Club of California records Speaker Hastings, Reed Date Created October 30, 2003 Description Reed Hastings in conversation with Chris Anderson, editor of Wired Magazine, about "the Netflix effect." The men discuss several themes highlighted by the emergence of Netflix in video rental. Regarding the Netflix business, Hastings makes several points. He says Netflix allows the consumer find their own taste. The company does not have "studio envy"; it doesn't want to produce movies. He believes it is helpful to niche markets such as independent films, Bollywood in America, and Anime. Netflix does not do adult videos because "[Hastings] is a prude" (his words). He also discusses the mechanics of how Netflix works, both on the business and website avenues. The men discuss the movie industry as a whole as well. Hastings discusses Netflix's relationship with its competitors: traditional rental shops, cable company video on demand, Amazon, and Tivo. Anderson questions Hastings on how the ills of the music industry relate to the movie industry; they discuss piracy/copying of movies at length. The conversation ends with a discussion of education in California as Hastings sits on the state board. He claims the biggest problem with the schools is a lack of funding; that despite California having the highest paid teachers in the country, other areas of education are under-funded, such as counselors and computer supplies. Language(s) English Country of Origin United States Place Recorded California, United States Dimensions Duration: 1 hr, 1 minutes, 8 seconds Format Sound Recording Medium interviews Hoover ID Program 20031030ha; 2003c87_a_0001925 Record Number 2003C87.3059 Collection Guide https://oac.cdlib.org/findaid/ark:/13030/kt3g5032c1 Rights Used with permission of the Commonwealth Club of California.This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the copyright owner.