Netflix currently has no plans to release its own streaming device

Speaking at a technology conference on Thursday, Netflix CEO Reed Hastings delivered some disappointing news to the company’s biggest fans. The company, which started out delivering DVDs in the mail and helped usher in the era of on-demand video streaming, won’t be offering live sports or a set-top box of its own anytime soon. When it comes to releasing a streaming device, there’s just no reason for Netflix to devote the time and resources necessary to create its first piece of hardware.