Netflix co-founder says he 'loves what's happening' with streaming wars

These newcomers will join a landscape populated by heavyweights such as Hulu, Netflix andThe developments have led some to wonder if the market can support all the different services, for which consumers have different monthly subscriptions.

"I hope there's a lot of room" for all the services to exist, said Randolph, whose book "That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea" wasAsked about Netflix's strategy to maintain its influence in the streaming space, Randolph said he wasn't suited to discuss the company's tactics. But Randolph, who still owns shares of Netflix, said he was confident the company would be able to thrive amid the competition.

"I don't know what Netflix has up its sleeve, but I know culturally it is extremely well situated to do a great job in these coming years," he said. The company still maintains a start-up mentality, he said, that "enables a company to not only move fast, but to always be willing to leave behind the past to embrace the future."

Netflix founder and former CEO Mark Randolph says streamingwars are good for consumers and welcomes the competition. equilarinc notes that current CEO Reed Hastings earned $36,080,417 in 2018, a 48% increase from 2017. $NFLX execcomp CorpGov Source:

Right? Apple and Disney releasing services for $10+ less? Have fun going belly up, when Disney pulls even more of the content you *need* in order to thrive.

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