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Three CEOs That Should Give Back Their Pay
Tuesday, May 8, 2012 - 12:50pm
Sprint's chief executive is returning more than $3 million in an effort to pacify angry investors. What other CEOs should do the same? Let's start with the most obvious… Scott Thompson, CEO of Yahoo! Is it okay to lie on your resume? If Bob the Average Accountant or Jane the Everyday Sales...
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Monday, April 16, 2012 - 8:44am
Netflix CEO Hates Comcast Data Caps
Reed Hastings has suddenly realized that broadband data caps could destroy his business, and he's not happy about it. In a move that is almost as funny as watching Netflix's CEO perform stand-up comedy, Hastings has published a brief rant on his Facebook page (via CNET), claiming that Comcast's (...
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Tuesday, February 21, 2012 - 1:26pm
Netflix's Atrocious Content Deal Silences Critics
Netflix has announced a partnership with The Weinstein Company and we are speechless. Actually, the actors of The Weinstein Company's lead film, “The Artist,” are speechless. Silent, even. Some might say they don't have any lines whatsoever. I, however, have a few choice words for Netflix (NASDAQ...
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Thursday, January 26, 2012 - 10:45am
Five Reasons Why Netflix Won't Be Around in Five Years
Your favorite DVD and streaming video service is on the cusp of destruction. Reed Hastings, the CEO of Netflix (NASDAQ: NFLX), knew his enterprise was in trouble the moment he saw the response to the company's infamous DVD hike. But he had no idea that his stock would continue to tumble for the...
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Thursday, January 5, 2012 - 10:47am
Barnes & Noble is the Netflix of 2012
The bookseller's latest move comes straight from the Reed Hastings playbook. You remember Hastings, don't you? He's the guy who famously ran his business – the once-all-mighty Netflix (NASDAQ: NFLX) – into the ground, turning the growing enterprise into a wad of spoiled cookie dough. With every...
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Facebook, Netflix - A Silly Prediction?
Friday, December 2, 2011 - 8:21am
There was a bit of excitement in the market yesterday when Herb Greenberg, senior stock commentator on CBNC, suggested that Facebook would possibly acquire Netflix (NASDAQ: NFLX). The speculation incited stories of rumored acquisition subject to a brief $68 spike, to close at $67.17, $2.64 or 4.09...
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Wednesday, November 9, 2011 - 5:06pm
Is Flagstar the Netflix of Banking?
Flagstar's corporate team may not include Reed Hastings, but that hasn't stopped the company from losing its value. In fact, Flagstar Bancorp (NYSE: FBC), the parent company of the Flagstar Bank chain, might actually be worse off than Netflix (NASDAQ: NFLX). Never mind the share price; right now,...
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DreamWorks CEO Jeff Katzenberg Tells Fox Business That Netflix CEO Reed Hastings May Have Taken Step "Too Soon"
Wednesday, October 19, 2011 - 4:38pm
DreamWorks Animation CEO Jeffrey Katzenberg spoke with FOX Business Network's (FBN) Liz Claman about the deal DreamWorks recently struck with Netflix Inc., and whether this announcement was overshadowed by the news that Netflix would raise its prices by 60 percent. Katzenberg said the announcement...
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Thursday, October 13, 2011 - 12:07pm
Why Reed Hastings Might Be Getting Desperate
Earlier today, news came out that CBS (NYSE: CBS) and Warner Bros. Television had signed a deal with Netflix (NASDAQ: NFLX) to instantly watch previous seasons of scripted series that air on The CW from its current schedule through the 2014-15 season. Included in the deal are the new seasons of...
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Monday, October 10, 2011 - 10:02am
Why Reed Hastings is No Steve Jobs
This morning Netflix (NASDAQ: NFLX) announced that it would be abandoning its plan to split up DVDs and online streaming. Back in September, Netflix announced that its DVD-by-mail service would operate at Qwikster.com, with the online streaming staying at Netflix. Customers would have had two...
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