Book digs into Netflix's origins, evolution

Netflix is probably hoping a book about its early history never gets made into a movie.
By MICHAEL LIEDTKE Published: October 11, 2012
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At one point, Hastings proposed that Amazon buy Netflix, only to be disappointed when Bezos offered a mere $12 million.

Netflix spokesman Jonathan Friedland told The Associated Press that the Amazon anecdote was “totally untrue.” Amazon declined comment.

Although the book sometimes casts Hastings in an unflattering light, Keating remains convinced he is the main reason that Netflix was able to transform home entertainment.

“I hope that people recognize he is a genius,” Keating said in an interview with the AP. “There is no question in my mind that there is nobody like this guy. Wall Street and naysayers are wrong to bet against this company, especially as long as he is in charge.”