By JLP | October 10, 2011
“It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.” – Reed Hastings, CEO of Netflix.
Hahahaha. Looks like he got the point after he lost hundreds of millions of dollars (around $200 billion according to my calculations) when Netflix’s stock fell from nearly $300 per share to $112 per share.
The customer is always right, Reed. Come on, you know that.