David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with 1 billion of debt as their goodbye kiss. The covenant on that debt severely limited blockbuster when they attacked
That day . [laughter] david a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me, but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up about 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way, too. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with 1 billion of debt as their goodbye kiss. The covenant on that debt severely limi
A few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been a coceo for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way. Blockbuster could have wiped us out many times. When viacom spun off blockbuster in 2004, they saddled them with a billion dollars of debt as their goodbye kiss. The covenant on that debt severely limited blockbuster when they attack
I did no due diligence. David how does it feel to get up in the morning and know that 330 million americans want to know the state of your health that day . David a few weeks ago, Reed Hastings surprised the corporate world when he said even though he was the ceo and founder of netflix, he would give up that position and become the coceo. I have been the coceo for a publicly traded company for a while. It can work and it did work for me but it is challenging to be the sole ceo and be the coceo. When you talk to Reed Hastings, you realize he does not have a big ego. He is willing to listen to other people. I think it will work and i think it is working. The company now, which went public in 2002, the market cap is up 86,000 . Stock is up 41,000 since then. Did you ever think it would become that big, that successful . Reed no, because then i would never have sold a share. You never know on that. Honestly, there has been a lot of luck along the way, too. Blockbuster could have wiped us o
And in sportsday at seven thirty, well bring you the latest from the premier league as well as all the action from the Rugby World Cup good evening. Differences within labour on brexit are coming to the fore at the partys conference in brighton, whereJeremy Corbyn has chosen not to join other senior figures who say they would campaign to remain in the eu in any future rerendum. The labour leader says if elected Prime Minister he would get a new deal to leave the eu and offer it to the people as well as an option to remain. Meanwhile several new policies have been voted on by conference delegates. Our Political Correspondent nick eardley reports from brighton is this britains next Prime Minister . But on brexit, some of his own supporters are not convinced of his plan. The labour leader is promising to get a new deal and put into a referendum against the option of staying in the eu. But he still says. This is the best deal we could get, this is the remain and hopefully be reform option.