Broadcast TV is like the landline of 20 years ago.

On the Internet you get continuous innovation, so every year the streams are a little better.

Technological revolutions are very hard to predict. My favourite example is someone in 1850 taking care of horses as a farrier. They would have said, "Look, horses have been part of human existence for 5,000 years. We are horse people. It's permanent." But all of a sudden, the internal combustion engine comes along and, with it, oil fields and automobiles, which basically replace the horse completely. So we often have these long periods of stability and then a sudden inflection point.

Companies rarely die from moving too fast, and they frequently die from moving too slowly.

Human entertainment will have moved on to something new. Then the ultimate challenge for us is, can we figure out what that new form of entertainment is?

I watch mostly independent films.

Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.