Netflix co-CEO Reed Hastings on Disney+ and streaming competition

Netflix co-CEO Reed Hastings sat down with CNBC's Andrew Ross Sorkin to discuss the success of Disney+ and what he expected from the competition. Subscribe to CNBC PRO for access to investor and analyst insights on Netflix and more: https://cnb.cx/3dIH56N Reed Hastings, Netflix’s co-founder and co-CEO, is a scholar of business strategy. He’s decided to pass along his unique views on business culture in his new book, “No Rules Rules,” co-written with business professor Erin Meyer. Hastings used to bring Netflix employees together to discuss “The Innovator’s Dilemma,” the 1997 business strategy book by Harvard Business School professor Clayton Christensen. Now, he hopes his own book will be used by future executives as a foundational discussion starter. Hastings explains why Netflix thinks of itself more like a sports team than a family and shares his thoughts on bundling, HBO Max, TikTok, retirement and much more. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC For info on the best credit cards go to CNBC Select: https://www.cnbc.com/select/best-cred... #CNBC #CNBCTV