Topic: Reed Hastings

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Facebook stock: 6 intriguing investors

Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.

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Horizons Nearly 2,000 Netflix movies to disappear overnight

Almost 2,000 Netflix movies to disappear as contracts expire and new additions roll in. Just what is Netflix doing?
Netflix CEO pay: Hastings' gets 100 percent raise

Netflix CEO pay will double after he took a 43 percent pay cut this past year for management missteps. Netflix CEO Reed Hastings will be paid $4 million in salary and stock options for the coming year.
Netflix CEO in SEC trouble over Facebook post

Netflix CEO Reed Hastings is trouble for a Facebook post saying that Netflix's online viewing 'exceeded 1 billion hours for the first time ever in June.' Hastings didn't clear the data with the SEC or send out a formal press release, and Netflix stock climbed as a result of the post.
Netflix uses 'poison pill' to prevent hostile takeover

Netflix is making moves to prevent a hostile takeover from billionaire Carl Icahn, who disclosed a nearly 10 percent stake in the company. Netflix adopted a poison pill defense, aimed at preventing an outsider without board approval from acquiring too large a stake in Netflix.
Facebook stock gets boost from Netflix CEO

Facebook stock may be down 40 percent since its debut in May. But Netflix CEO Hastings is a believer, buying $1 million of Facebook stock.
Netflix stock plunges on concerns about growth

Netflix stock lost 25 percent of its value Wednesday. Analysts say it's growing too slowly domestically. Netflix stock dropped precipitously after last quarter's earnings report.
Sheryl Sandberg becomes Facebook's first board woman

Sheryl Sandberg, Facebook's chief operating officer, has become the first woman on the company's board of directors. Sheryl Sandberg has been with Facebook since 2008, when the social-networking site lured her away from Google.
Facebook stock: 6 intriguing investors

Facebook stock will make many people suddenly wealthy when it begins trading this Friday. The company is expected to be valued somewhere around $100 billion, with stock expected to sell anywhere between $34 and $38 per share. Here are six of the more unexpected people set to make a killing with initial public offering of Facebook stock, including a rock star, a graffiti artist, and pair of Mark Zuckerberg’s enemies.
NFLX stock jumps, as Netflix audience returns

Netflix regained 600,000 subscribers after 800,000 left last summer following a rate increase. As the customer count climbs, so has the NFLX stock.
Netflix stock plunges. CEO takes $1.5 million hit.

Netflix stock down 75 percent since mid-July. CEO Hastings will have his Netflix stock options cut in half in 2012.
12/23/2011 12:21 pm
NFLX: Netflix stock tanks as 800,000 subscribers flee

NFLX took a tumble Tuesday, after Netflix announced that it lost 800,000 subscribers. What will it take for the NFLX stock to rebound?
10/25/2011 05:24 pm
Donald Marron Netflix: When flip flopping is good leadership

Netflix CEO Reed Hastings isn't afraid of changing course, which can be a real strength
10/11/2011 03:00 pm
How Netflix went wrong: Qwikster was good for company, not the customer.

Netflix pulled the plug Monday on its DVD rental spin-off division Qwikster. Creation of the division was supposed to help Netflix prepare for the cyberfuture, but the move just angered its customers.
10/10/2011 04:18 pm
Horizons Arrested Development, cancelled in 2006, could be revived on Netflix

Arrested Development is coming back, creator Mitchell Hurwitz said over the weekend. And it could be coming straight to Netflix.
10/03/2011 04:23 pm
Qwikster, Teaparty.com are hot properties online. How much would they sell for?

Qwikster on Twitter and Teaparty.com on the Web are suddenly famous. Will their less-than-famous owners sell Qwikster, Teaparty.com for big bucks? Can they?
09/21/2011 11:17 am
Horizons Did Netflix create Qwikster just to sell it?

Netflix over the weekend split its business into two separate arms – Qwikster for DVD rentals, and Netflix for streaming video. Some analysts think that the company could eventually sell Qwikster.
09/21/2011 01:02 am
Horizons Qwikster: Netflix DVD rentals get a new name

Qwikster is the new name for Netflix's DVD rental arm. Streaming video will retain the original moniker, CEO Reed Hastings said this weekend. So, is Qwikster any different than before?
09/19/2011 05:56 pm
Netflix (NFLX) faces customer backlash, weak economy

Netflix has angered many of its customers with its new plan to split its service into two while raising prices. Netflix stock (NFLX) has lost a quarter of its value in the past week.
09/19/2011 04:03 pm
Stock prices fall on worries over Greece

Stock prices plummeted in Europe and stock futures were down in the US after EU ministers failed to expand a bailout fund to help Greece. Bank stock prices led the decline in Europe.
09/19/2011 09:55 am
Netflix stock nosedives 19 percent after company ticks off customers

Netflix stock took a wallop after Netflix predicted 1 million US customers would cancel their subscriptions.
09/16/2011 03:50 am
Horizons Netflix CEO: Unlimited streaming video is unrealistic, for now

Netflix CEO Reed Hastings warned today that the Netflix streaming library is unlikely to expand anytime soon.
06/01/2011 11:40 pm
Ford earnings: one of five things to watch April 26

Ford due to report earnings before the market opens. Besides Ford, Coca-Cola and UPS will report earnings.
04/26/2011 03:45 am
Backchannels How wrong is Time's most influential people list?

Really wrong. Time has a strange definition of 'influence.'
04/25/2011 06:18 pm
Netflix earnings: one of five things to watch April 25

Netflix announces earnings after the market close. Also on the radar: Rajaratnam closing arguments wrapping up; March housing numbers.
04/25/2011 02:53 am
Netflix doubles CEO's pay after strong year

Netflix has doubled CEO Reed Hastings' compensation after stocks tripled. Most of the Netflix CEO's pay is in the form of stocks.
04/23/2011 01:27 am