Netflixhead Reed Hastings predicted Monday that mobile carriers will soon offer data plans that give users unlimited video streaming to meet the rising popularity of watching TV and movies on mobile devices.
"Ten to 20 years from now all the video you view is going to be on the internet," Hastings said at the Mobile World Congress, the phone industry's largest annual trade fair. "I think screens today are really stunning, you can see all the depth right in front of you. The beautiful thing is you can watch it on the move."
While watching video on mobile devices via Netflix and other streaming sites is growing, data caps imposed on plans by mobile operators act as a barrier to users wanting to watch a video on the go. Carriers offer unlimited data caps but they are usually very expensive. But Hastings said he believed mobile carriers will eventually create a two-tear system where video data is unlimited to meet the growing demand for watching TV series and movies on mobile devices.
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