Speaking at last week’s Re:publica conference in Berlin, Netflix CEO Reed Hastings suggested that traditional TV as we know it has about two decades left to live, as Internet TV will continue its growth. “Over that time, Netflix will focus more on producing original content and owning the global rights to distribute those shows and movies,” explains Quartz. “The company aims to launch in every country by the end of 2016,” while it experiments with new video formats involving “unconventional episode lengths, interactivity, and virtual reality.” Hastings expects that the TV of the future “will look like a large iPad,” featuring an array of apps.