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Netflix CEO Thinks the Time is Ripe for Web TV

By Lidija Davis / November 13, 2008 7:26 PM

ntvlivelogo_nov_08.jpgNetflix CEO Reed Hastings, one of the keynote speakers at the NewTeeVee Live event today in San Francisco, believes that the only way to reach "video nirvana" is to put the Internet on television by building browsers into TVs and getting rid of remotes.

And according to Hastings, to get there we only have two options: fix the current TV model, or reinvent television via the Web.

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