Wednesday, August 04, 2004

Netflix Chief Stresses Service

From the Hollywood Reporter:

Aug. 04, 2004
By Paul Bond

THR: You have suggested that your business model is having an impact on the movie distribution business.

Hastings: The smaller the film, the bigger impact we have. Look at "Whale Rider," "Charlie's Angels: Full Throttle" and "The Hulk." They all came out together, and we got "Whale Rider" to do as much as the other two. Talk to Miramax about what we did for "Capturing the Friedmans." According to VidTrack, we doubled the rental business.

THR: Are movies becoming DVDs now that might not have been without Netflix?

Hastings. I'll give you an example. The Oscar-nominated documentary "Daughter From Danang" wasn't going to get on DVD. We said, "that's nuts. This is a good film. We'll commit to a high buy level." So the studio put it on DVD.

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