How Netflix changed entertainment -- and where it’s headed | Reed Hastings

Netflix changed the world of entertainment — first with DVD-by-mail, then with streaming media and then again with sensational original shows like “Orange Is the New Black“ and “Stranger Things“ — but not without taking its fair share of risks. In conversation with TED curator Chris Anderson, Netflix co-founder and CEO Reed Hastings discusses the company’s bold internal culture, the powerful algorithm that fuels their recommendations, the $8 billion worth of content they’re investing in this year and his philanthropic pursuits supporting innovative education, among much more. Check out more TED Talks: The TED Talks channel features the best talks and performances from the TED Conference, where the world’s leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design — plus science, business, global issues, the arts and more. Follow TED on Twitter: Like TED on Facebook: Subscribe to our channel: