Reed Hastings : How Netflix changed entertainment — and where it's headed

Reed Hastings at TED2018
How Netflix changed entertainment — and where it's headed  (transcript)
Summary
The word "streaming" is now used as a method of transmitting or receiving data. Definitely, you must think that it's more useful than we download something that is especially video and audio material, so while subsequent data is being received, it's over a computer network as a steady continuous flow and allowing playback to proceed.
Don't need to wait anymore, to borrow DVDs, to use TV screen and to go to theaters.
You can watch a lot of programs soon and anytime and anywhere because you can use your computers and smartphones in your hand.
This is one of the reasons that Netflix changed entertainment. 1)
 And then Netflix started to serve sensational original shows,  2) entered China, 3) and invested a lot of money to create better algorithms. 4) The Chinese population is ten times of Japan and about three times of the United States. That's important and it's also important to feature the right content to the right people because some contents take people out violent or sexual programs.
The speaker wants his contents to lead better education for kids and he wants to line and win against Disney and HBO: Home Box Office is an American premium cable and satellite television network.
New technologies are changing our world and TV is becoming obsolete.

Words in this story
streaming /adj/ relating to or making use of a form of tape transport, used mainly to provide backup storage, in which data may be transferred in bulk while the tape is in motion.
pros and coins /the favorable and the unfavorable factors or reasons.  advantages and disadvantages.
alignment /noun/ arrangement in a straight line, or in correct or appropriate relative positions.
presume /verb/  assume, suppose
satellite /noun/  space station