In a letter to shareholders, Netflix CEO Reed Hastings shared ten reasons Internet TV will grow quickly over the next few years. He predicted:
Eventually, as linear TV is viewed less, the spectrum it now uses on cable and fiber will be reallocated to expanding data transmission. Satellite TV subscribers will be fewer, and mostly be in places where high-speed Internet (cable or fiber) is not available. The importance of high-speed Internet will increase.
We’ve collected his ten reasons below, a fascinating look at the way infrastructure and apps will evolve over the next few years. You should read his complete letter for more details.