Reed Hastings Challenges SEC on Netflix-Related Facebook Posts

Netflix CEO Reed Hastings absolutely thinks that social media is a “public” enough forum to house statements from companies to investors. He says that he’s “not going to back down” and that he would continue to post information about his…

Netflix in Trouble with SEC Over Reed Hastings’ Facebook Posts

Netflix and CEO Reed Hastings are in hot water with the Securities and Exchange Commission due to a series of Facebook posts that the SEC says may have violated Regulation Fair Disclosure. Earlier this summer, Hastings publicly posted some stats…

Reed Hastings Stepping Down from Microsoft Board

Netflix CEO Reed Hastings will not serve on Microsoft’s Board of Directors past November, as today to company announced that he will not seek re-election at their annual meeting of shareholders. Microsoft says that Hastings will continue to serve his…

Reed Hastings on Why Netflix is Better Than Amazon Prime, Hulu

Amazon has added a ton of content to its Prime Instant Video service over the last few months, and that may have put Netflix CEO Reed Hastings on the offensive. In an interview with the Wall Street Journal, Hastings took…

Netflix Hits One Million Members in the UK & Ireland in Only Seven Months

In just seven months after launching their streaming service in the UK & Ireland to compete with European heavyweight Lovefilm, Netflix is announcing a pretty big milestone: UK & Ireland Netflix members now total over one million. Netflix says that…

Netflix Q1 Report Exceeds Expectations

It was recently reported that Netflix CEO Reed Hastings might’ve raised a few eyebrows with the 68% increase in stock options he’d received in 2011, but the company’s Q1 earnings report might validate the founder’s $8.8 million in shares –…

Netflix CEO Gets Big Raise in 2011

Netflix, who has seen some rocky patches in the last long while, just reported that CEO Reed Hastings got a 68% raise in stock options last year, regardless of the fact that the company lost 62.5% of its value last…

Netflix CEO Reed Hastings Blasts Comcast Over Net Neutrality

While using a number of stream-related apps recently, Netflix CEO noticed something about Comcast’s application of their much-maligned Internet data usage caps–they, according to Hastings, weren’t being applied equally. And so, he posted about it on Facebook, taking his beef…

Netflix Drops Qwikster: Here’s The Internet Reaction

Netflix might be waking up to the reality that no matter what they do nowadays, it’s going to piss off a large percentage of their customers. Remember that whole Qwikster idea? The DVD-only company that was announced last month as…

Netflix, Qwikster Controversy As Explained By Sandwiches

Do you ever get so perplexed by something that you start to think of strange ways to apply the same logic? You know, real word examples of philosophical issues? I wouldn’t go so far as to call the current Netflix…