Netflix CEO Posts World’s Priciest Facebook Update
Reed Hastings, public persona and Netflix head honcho, took the opportunity to share some good news about his business with his 245,000 Facebook followers way back in July: Netflix viewers watched more than one billion hours worth of video in June (we proudly contributed to that number with our annual Arrested Development marathon).
Hastings has done this kind of thing before, but this time the stock bump that followed his status update caught the attention of the Securities and Exchange Commission–and then things got messy.
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