Netflix CEO Reed Hastings Predicts the Future of Streaming Video - Peter Kafka - Media ... - 0 views
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The one new nugget here is a Hastings prediction, held by many other people, that we’re moving to a world where “apps replace channels.”
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“Existing networks, such as ESPN and HBO, that offer amazing apps will get more viewing than in the past, and be more valuable. Existing networks that fail to develop first-class apps will lose viewing and revenue.”
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there’s room for lots of streaming video services, just like there are lots of cable channels today.