TED: How Netflix changed entertainment -- and where it's headed | Reed Hastings

Reed Hastings discusses Netflix's strategic shift from DVD rentals to streaming original content, highlighting the introduction of binge-watching with 'House of Cards'. He explains Netflix's significant investment in content creation and the company's unique culture that emphasizes freedom and responsibility. Hastings also touches on the role of data and algorithms in Netflix's success and shares his passion for education, particularly through charter schools.

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