cold treated -- tweeted reid hastings led to netflix. really?e checked it out and that's true. reid hastings returned to tape six weeks late was hit with a 40-dollar late fee and was nervous explaining to his wife. he later told 60 minutes max i was on the way to the gym and i saw video stores could operate like a gym with a flat membership team. i wonder why no one has done that before and he created netflix and earned himself a billion dollars. martha graf treated the -- tweeted us her she two bankruptcies before finding the right location formula for hershey's chocolate. that's true. hershey's first two stores they'll pay the company succeeded when he moved to pennsylvania and tried a third time. walt disney's first cartoon company declared bankruptcy and disney tried again with mickey mouse and that was a huge success. this willingness to try and try again is very american and much of the rest of the world if you tried businesses that fail people say well you failed you were not good and i'm not going to back you. go work for someone else. a

cold treated -- tweeted reid hastings led to netflix. really?s nervous explaining to his wife. he later told 60 minutes max i was on the way to the gym and i saw video stores could operate like a gym with a flat membership team. i wonder why no one has done that before and he created netflix and earned himself a billion dollars. martha graf treated the -- tweeted us her she two bankruptcies before finding the right location formula for hershey's chocolate. that's true. hershey's first two stores they'll pay the company succeeded when he moved to pennsylvania and tried a third time. walt disney's first cartoon company declared bankruptcy and disney tried again with mickey mouse and that was a huge success. this willingness to try and try again is very american and much of the rest of the world if you tried businesses that fail people say well you failed you were not good and i'm not going to back you. go work for someone else. and america people are more willing to say you're failing doesn't make you a failure. try again. politicians do it all th

reid hastings weighing in on the quarter and the company's competition.et's take a listen. >> at one level amazon is an amazing company doing so many different things. on the other hand, you know, they're doing great programming and they'll continue to do that. i'm not sure it will really affect us very much because the market is just so vast. think about it when you watch a show from netflix and you get addicted to it, you stay up late at night. we're competing with sleep on the margin. >> hastings adds that amazon's decision to stream live sports not something netflix will attempt. you have worked with hastings before. are you surprised by any of this? by their ability to continue to raise capital and spend it aggressively? they seem nonworry about amazon as a competitor or anything else. >> i don't think -- i know the management team quite well. them not worrying about competitors is not the way i would describe it. they are quite paranoid. they pay attention to what's happening in the competitive environment and so forth. i think we have to understand

>> hey, kelly, i think it's worth noting here that reid hastings expects to cross the 100 million memberf course, that would mean they asked 1.25 million subscribers since the end of the first quarter, they also know that they expect to have about 8.15 million net adds in the first two quarters of the year compared to 8.42 million in the first half of last year, trying to put overall membership growth in the first half of the year in perspecti perspective. kelly? >> absolutely. thank you. max, just before we go, i mean, the fact they hit 100 million members, the idea was hbo was the highest to get, right? they have blown through that in terms of subscriber editions. give them credit. they know how to build the business, right? >> huge credit. looking at multiples, hard to say no and give them credit. they are the leader. >> i mean you, maxwell. >> i give them the credit. >> can't do the international growth. they reached is 100 million. >> it's impressive story, beginning to 40%, executed numbers, do they continue to own the world or be the no. 1 player in the world. they are. no matter