“Our hit ratio is way too high right now,” Hastings said while talking to CNBC. “So, we’ve canceled very few shows… I’m always pushing the content team: We have to take more risk, you have to try more crazy things. Because we should have a higher cancel rate overall.”
“You get some winners that are just unbelievable winners, like 13 Reasons Why. It surprised us. It’s a great show, but we didn’t realize just how it would catch on.”
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“You can tell when we cancel a show,” he said.
“It’s a mix [of viewing and subscriber growth],” he said. “Mostly, it is how many people watch. But those are very connected.”
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