Caterpillar Cowboy

Short version: When Netflix was a DVD company, it could afford to offer just about every movie or TV show every made. Now that it’s a streaming video company, it has to pick and choose.

So Hastings is trying to build an $8-a-month version of HBO — a network you pay for in addition to your regular TV package, not one that replaces it. And to make that work, he doesn’t have to have everything — but he has to have stuff you can’t get anywhere else.

Interesting - I hadn’t read the letter to shareholders published yesterday. It sucks that Hollywood is forcing Netflix in this direction, but it’s definitely the right move. Look for Hulu to do the same thing.