Reed Hastings interview: 'Everybody would welcome a rival to Sky'

Reed Hastings said that he had been guilty of overconfidence and of "moving too quickly."

Reed Hastings: 'Broadcast TV is like the landline of 20 years ago.

"Americans' tastes are really broad," says Reed Hastings, Netflix's chief executive.

It was originally written by Reed Hastings of Pure Software.

When Reed Hastings launched Netflix in 1997, his idea didn't make sense to a lot of people.

Reed Hastings has been a director of the board of Facebook since June 2011.

"We think it will present a clearer picture to investors," said Reed Hastings, founder and chief executive.

Reed Hastings, Netflix's 42-year-old co-founder and chief executive, has made a lot of money from starting his business.

Reed Hastings, the chief executive of Netflix, expects to have 20 million customers by 2012.