Internet is the future of TV, Netflix CEO says

Netflix CEO says future of TV is in apps

By Cecilia Kang,

Apr 26, 2013 11:39 PM EDT, The Washington Post Published

After Netflix’s blockbuster earnings sent its stock soaring this week, the company’s chief executive made a bold prediction: TV as we know it is coming to an end.

Billions of people around the world will abandon remote controls and begin tapping video apps across an array of devices, Netflix chief executive Reed Hastings said. They will choose what to watch like they order food off an a-la-carte menu rather than be force-fed hundreds of channels. Instead of CBS, NBC and ABC, a new set of names will dominate, he said.
 

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Internet is the future of TV, Netflix CEO says