Netflix CEO Predicts Internet TV Will Replace Linear TV

New York Times: “Daredevil,” the 17th Netflix original series to make its debut this year, is part of an expanding range of original shows intended to position the company for a digital revolution in entertainment. Netflix’s long-term view: the Internet is replacing television, apps are replacing channels and screens are proliferating, according to CEO Reed Hastings. “We’ve had 80 years of linear TV, and it’s been amazing. And in its day the fax machine was amazing. The next 20 years will be this transformation from linear TV to Internet TV.”