The head of video-streaming service Netflix has foreshadowed the death of broadcast TV, claiming it will be fully obsolete by 2030.
Reed Hastings, the chief executive of Netflix made the comments earlier this week in Mexico City where he was discussing the service’s growth in the Lat Am region.
He was quoted by the Hollywood reporter claiming that conventional TV services are “kind of like the horse, you know, the horse was good until we had the car.”
He added: “The age of broadcast TV will probably last until 2030.”
Hastings also admitted there are big plans in the works for Lat Am: “It Read full story ›
Source: The Drum
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