Blockbuster CEO ‘Confused by This Fascination That Everybody Has With Netflix’

How does Jim Keyes still have the job as CEO? Netflix is kicking his company’s ass and he thinks Netflix is the company that’s doing it wrong:

Equally bewildering to Mr. Keyes is the emphasis on catalog size. Why would anyone want to watch anything other than new releases, he wonders.

“I don’t care how many movies are available to me. As my personal taste as a customer, I want to watch the new stuff so whether we have 10,000 movies or 200 movies doesn’t matter if I don’t want to see any of the movies that we have … our assortment is heavily weighted toward newer releases and mainstream staple titles.”

★ Tuesday, 19 August 2008