Liberty Media
founder and chairman said he had invited Hastings to a Liberty board meeting “and he assured us all that he had no intention of producing his own content .. to which I responded ‘bullsh-t.’ It was clear where he was headed. If he didn’t understand [yet], he would.,” the man regarded of one of media’s savviest investors said at the Paley Conference where he was interviewed by longtime colleague Mike Fries, CEO of Liberty Global.
“I tried when I chaired DirecTV to acquire Netflix and that was when he [Hastings] was struggling with getting rid of his old mail platform. What I saw was global scale,” said Malone, who grew to prominence presiding over one of the nation’s biggest cable operators, TCI, which he sold to AT&T in 1989.
Speaking from his property in Maine where he and his wife have been riding out COVID playing lots of pool, he gave a shoutout to
Netflix probably wouldn’t be what it is today if they had
Netflix probably wouldn’t be what it is today if they had