Media patriarch John Malone in a rare appearance said he’d pushed DirecTV to buy Netflix when he was chairman of the satellite broadcaster – a position he held from 2008 to 2010.
The 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 for years over one of...
The 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 for years over one of...
- 11/11/2020
- by Jill Goldsmith
- Deadline Film + TV
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