"This was my road to Damascus experience, a turning point in my understanding of the role of talent density in organizations," Hastings wrote.
Hastings credits the company's culture of internal transparency and innovation, which endows top-performers with unusual autonomy, for Netflix's success.
"This is a big psychological change for Netflix," said Neil Saunders, managing director of GlobalData.
"There's no big strategy shifts or big culture shifts," he said in a post-earnings video interview with an analyst.
They'll also need to find new sources of revenue, including in video games -- where Netflix will confront established rivals.