We have a very wide range of content, but the brand-newest movies, what's happening with those is a $30 pay-per-view option - not from Netflix but from DirecTV and others - of movies that are in the theater.

" Netflix launched a service in 2007 to stream movies and television to a users' computers. "I found myself questioning how we packed our backpacks and how we made our beds" said Hastings. "I founded Netflix" he told an interviewer; "I've built it steadily over 12 years.

Wilmot Reed Hastings Jr. He is the CEO of Netflix and on the boards of Facebook and numerous non-profit organizations. (born October 8 1960) is an entrepreneur and education philanthropist.