Netflix CEO Joins Facebook's Board
Are online movies about to get more social?
Just in case anyone had any doubts that Facebook is becoming a major media business, the company announced today that it's appointing Netflix CEO Reed Hastings to its board of directors.
The press release doesn't offer much explanation for the appointment, aside from the boilerplate flattery that Facebook CEO Mark Zuckerberg offers for Hastings, and that Hastings offers for Facebook. Hastings seems like a solid choice since he has successfully taken a Web company public, and Facebook is probably going to have its own initial public offering in the next year or two.
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