Today's Hard|Forum Post
Today's Hard|Forum Post

Monday July 25, 2011

Don't Call Netflix's CEO 'Greed' Hastings Just Yet

Hahahaha, "Greed Hastings," that is definitely a frontrunner for headline of the day.

On Twitter and Facebook, there was much lament and gnashing of teeth. Thousands of customers threatened to cancel their subscriptions, and Netflix for the first time in a long while wasn't being applauded by customers. We might find some clues about what led the company to raise prices this afternoon, when the company reports second-quarter earnings.