Reed Hastings

News

1. Apple Plays with Fire - Morning Business Memo

   Wed, 7 Mar 2012

   support. Cable TV viewers may soon see a Netflix button on their remote. Reuters reports Netflix CEO Reed Hastings has met with cable companies about adding the red white and black Netflix logo to their bundles. The move would
2. NFLX: Netflix Stock is Hot as Customers Stream Movies Instead of DVD by Mail

   Thu, 26 Jan 2012

   All of a sudden, Netflix (NFLX on the Nasdaq) is a hot stock again, the company reporting it now has almost as many customers
3. 
   Top 10 Business Blunders of 2011

   Fri, 30 Dec 2011

   fee's cancellation . 2. Netflix : Red Envelope Company DVD-rental company Netflix lost 800,000 of its Qwikster, in October. CEO Reed Hastings soon after canceled plans the damage was done. Netflix 's stock price, which
4. 
   Gap, Overstock Biggest Losers in Online Customer Satisfaction

   Wed, 28 Dec 2011

   study's 100-point scale. Netflix fell 7 points to a score of streaming service in October. Netflix 's stock price also took a tumble. The company and CEO Reed Hastings has since canceled its plans 500 Guide. In addition to Netflix , both Gap.com and Overstock
5. 
   Netflix Stock Plunges After 800,000 Members Quit

   Tue, 25 Oct 2011

   have 23 million members, Netflix managed to make the kind of call it a momentum stock." Netflix actually beat Wall Street moved too quickly," CEO Reed Hastings told ABC News last month Valley analyst Rob Enderle said Netflix did not move too quickly
6. Netflix Cancels Plan for DVDs on Qwikster

   Mon, 10 Oct 2011

   difficult, so we are going to keep Netflix as one place to go for streaming DVDs,” said a blog post from Netflix CEO Reed Hastings . “This means no change: one you’ll be redirected to the Netflix homepage .) Much of the damage
7. 
   Netflix CEO Reed Hastings Says Company Has 'Sincere Regret' Over Handling of Service Changes

   Mon, 26 Sep 2011

   Netflix "moved too quickly" in making changes widespread outrage among its customer base, Netflix CEO Reed Hastings said in an exclusive interview with vicious backlash from subscribers after Netflix announced last week it was separating

Videos

1. 
   Netflix CEO Apologizes for Price Hike

   Mon, 19 Sep 2011

   We've been working through the past fourteen years bill Netflix nearby here into the best possible service we can belt. We're with me to be the CEO. Of quick start. Sandy's been with Netflix for twelve years and he's been running the dvd service for

   Netflix found at 0:03, 1:31

   We've been working through the past fourteen years bill Netflix nearby here into the best possible service we can belt. We're making this video today to apologize in person who -- released

   with me to be the CEO. Of quick start. Sandy's been with Netflix for twelve years and he's been running the dvd service for four years so other than the name change it's not that
2. 
   Netflix CEO Offers New Business Plan

   Mon, 19 Sep 2011

   There are major changes and an apology from. Netflix CEO Reed Hastings . Apologized on the company's website for dvd delivery services streaming will remain Netflix while. Net Netflix or dvd delivery through the mail will be renamed

   Reed Hastings found at 0:03

   There are major changes and an apology from. Netflix CEO Reed Hastings . Apologized on the company's website for the way He handled the price increase for the movie rental service earlier this year He also announced plans to separate the company's video streaming. And dvd delivery services streaming will remain -- Netflix while. Net Netflix or dvd delivery through the mail will be renamed. Quick -- Netflix abrupt cut price hike triggered a backlash of drops subscriptions and a loss of -- out.
3. 
   Redefining Netflix

   Sat, 29 Jan 2011

   that with the right technology Netflix could get return dvds back out in a my conversation then with Reed Hastings Netflix founder could almost have been is into it too. And Google. Reed Hastings worried or And Google is. Google

   Reed Hastings Netflix found at 1:29

   few corporations have been as successful at adjusting on the fly as Netflix -- company that is surf the crest of the home movie distribution industry. Since it first started mailing out those flat red envelopes in 1997. But now they may be facing their biggest challenge yet here's John -- back to explain. Two guys watching -- Netflix -- the other -- while walking down a hotel hallway but with Bourne identity 2002. And that's an iPad. 2010 -- so what exactly is 2011 here well let's do this freezing. Then go back in time to another world 2009. When the story I put on Nightline about Netflix was all about these dvds. And a mere two years ago the business that Netflix had built with the dvd. Showed an obvious but -- discovery that armies of people -- pay monthly fee to get dvds in the mail and Netflix had them I'm seeing ahead of me a world of the -- At least. Hundreds of thousands of this millions. Millions that was -- millions of the Netflix has about 46 million dvds and -- -- catalog and that the US post office was the perfect delivery system. What is your postage bill. About three and a million dollars a year seriously. And that with the right technology Netflix could get return dvds back out -- -- -- another couple of hours this is replicated in Little Rock, Arkansas and Boise Idaho in a -- my conversation then with Reed Hastings Netflix founder could almost have been called. In praise of dvds. People have them in their car they have portable dvd player there
4. 
   Netflix CEO Responds to Backlash

   Tue, 27 Sep 2011

   some Internet startups but Netflix has always been considered with the creator of at all Reed Hastings this time last year named business person of the year. Netflix has been such a success story all at once. Like 600000 Netflix subscribers canceling options

   Reed Hastings found at 0:36

   that came in the mail. And with the creator of at all Reed Hastings this time last year named business person of the year. Netflix has been such a success story that the -- is how quickly so many things seem to have done wrong all at once. Like 600000 Netflix subscribers canceling -- options in the past few months. Like the stars network unable to reach a deal to continue providing movies to Netflix streaming. Like the company's stock price dropping by more than half since early July and finally. Like Hastings himself sending out an email to the 24 million customers who did not cancel. Beginning with the words I messed up. Followed by a video where He out now says. I just wanna say again how sorry I am and so this afternoon and Netflix headquarters in Silicon Valley you -- -- your customers. To forgive you are they forgiving in what I think its customers different and that you know as I said in in my latter actions speak louder than words for those who do not know the story. Netflix came out of nowhere fourteen years ago. With the then crazy seeming idea of a business built on sending movies through the
5. 
   Netflix Stock Drops Following Mass Customer Loss

   Tue, 25 Oct 2011

   Netflix shares were down more than months. The new losses come as Netflix reports it lost 800000 customers from Bloomberg TV's as. Netflix is in need of some major image repair. CEO Reed Hastings did acknowledge the company's

   Reed Hastings found at 0:21

   Netflix shares were down more than a third this morning at the opening bell that's on top of the 60% the stock has already bled in recent months. The new losses come as Netflix reports it lost 800000 customers since the summer she -- -- -- -- from Bloomberg TV's as. Netflix is in need of some major image repair. CEO Reed Hastings did acknowledge the company's missteps saying that they've lost some of their good hard earned reputation that they're going to be working to build it back up. He says He does remain confident in the future the company right now bell investors not -- -- they have a lot more work to do before they get back into the graces the investors. And Netflix says it is trying to expand into Europe.
6. 
   Will Ben Bernanke Weigh In on Debt Debate?

   Wed, 13 Jul 2011

   month. If He only wants streaming from Netflix is in Austin cut to seven and nine months cheap price it is all comes in the face of Netflix facing rising and cut you Reed Hastings this year Netflix has been very. Vocal about the fact what

   Reed Hastings found at 6:31

   of their fees. Absolutely let me ask you do you actually use Netflix you know I don't but I had so many. Place and -- it. I actually do -- an athlete a guy actually got an email from the company yesterday. Basically they are read teetering their pricing structures to what they're doing is you're basically splitting up the options between dvd and streaming still. If you only want dvds from Netflix is gonna cost -- 799 month. If He only wants streaming from Netflix is in Austin cut to seven and nine months. Here's the current if you want both of them you're gonna have to pay 60% more 1598. Months out. A pretty significant price increase for all the reviews as an ethics have been used to getting. Idea unlimited dvds and unlimited streaming for a pretty cheap price it is all comes in the face of Netflix facing rising -- and cut you Reed Hastings this year Netflix has been very. Vocal about the fact what we're gonna have to start to pay more to the -- for our contents. Well now we are finding at that consumers are gonna have to pay the price for that eat the cost up for that still a big deal in terms Netflix you know. A lot of people have been talking about this on the Blogosphere on tweets. Pretty significant backlash but you know one analyst points at Netflix is raising prices because they can't write -- they don't have a lot of companies in that space. The fact they're able to do suitable move could actually mean that things are looking so good for the company they feel confident enough to do that. And let's just kind of put this in perspective and remember back in the day when you actually go to the video rental store and spent like 23 bucks for video VHS cassette so. You know it when you've got to compare it I don't know I guess. Yeah like you're saying and -- at the end of the day if you're getting multiple movies from Netflix for streaming linking him 1020 minutes it's still a pretty good deal. I think it's really just shocked at this immediate price and that is gotten consumers and mean efforts always prided itself on being a low cost provider and that was what they're selling prepositions right like you can get it right dvds as He went two for eight bucks a month. All of a sudden they're like hey you know led them might be a little bit of problems I think it's a little bit of the shock factor that's -- this year. No absolutely absolutely right all right Bloomberg Sheila got garage and Sheila thank you so much enjoy your Netflix subscription says that into the run all these stores question check -- business headlines on the money page at abcnews.com.
7. 
   Stocks Open Lower on News Out of Europe

   Tue, 25 Oct 2011

   talk about BP. Okay on the flip side Netflix there isn't a that goes by we have earnings. What's the full story behind Netflix now. Yes Stephanie for tell us than did not like to hear any of that CEO Reed Hastings did acknowledge the company's missteps

   Reed Hastings found at 4:12

   invested did not like to hear any of that -- -- CEO Reed Hastings did acknowledge the company's missteps. Saying that they've lost some of their good hard earned reputation that they're going to be working