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Netflix Says It’s Back to Boom Times. Wall Street Isn’t Convinced.

Netflix says 2012 is going to be great. Wall Street remembers 2011.

Reed Hastings

Co-Founder and CEO
Netflix, Inc.

Hastings co-founded Netflix as a DVD rental-by-mail company in 1997. In 2002, Netflix went public, and in 2003, Netflix reached 1 million subscribers. Thanks to streaming content over the Internet, Netflix now has over 20 million subscribers. Earlier in his career, in 1991, he founded Pure Software, which made tools for Unix software developers. He built Pure into one of the world's 50 largest public software companies before selling it to Rational Software in 1997. Reed received a BA from Bowdoin College and an MSCS in AI degree from Stanford University. Between Bowdoin and Stanford, Reed served in the Peace Corps as a high school math teacher in Swaziland. That may have been an easier task than his current one: dealing with media and cable companies who fear disruptive change.

Posts With Reed Hastings

Netflix Posts an In-Line Quarter, but Investors Balk (Updated)

The company delivers the Q1 numbers it predicted, and says it could become profitable again ahead of plan. But investors aren’t happy, anyway.
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The One Number Netflix Investors Care About Today

Sure, revenue and EPS matter. But when Q1 numbers go out Monday afternoon, the Street will look at something else first.
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Reed Hastings’s Expensive Year

The good news: He got a raise in 2011. The bad news: He lost a couple hundred million dollars.
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Reed Hastings Goes After Comcast, Again, on Facebook. Again.

What better place to accuse the cable guys of violating Net neutrality?
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Netflix Says Its PAC Is Not About SOPA

Yes, Reed Hastings wants to influence government. Just like lots of big media and tech companies.
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Reed Hastings Is Just Like You — He Complains About the Cable Guys on Facebook

The Netflix CEO — and Facebook board member — uses the social network to gripe about Comcast.
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20/20 Hindsight

When I first heard about Facebook, in 2005, I thought it was really stupid. And the same with eBay 20 years earlier.

Reed Hastings, in a talk with Wired staff at its London offices

Apple’s TV Remote of the Future? It’s Already Here, In Your Hands.

Apple’s plans for a super-duper TV remote involve the iPhone or iPad you’re already using.
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Please Don’t Tell Me What You’re Watching on Netflix

Netflix wants to change U.S. law so subscribers can tell their Facebook friends what they’re watching. The problem: 70 percent of Netflix subscribers don’t want to do that.
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Here’s What a Netflix-Cable Deal Could Look Like: The One That Netflix Just Announced With Apple

Apple will let users sign up for Netflix directly from Apple TV, and let them pay their bill using iTunes. So no reason Comcast, Time Warner Cable, etc., can’t do the same.
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Resolutions for 2012 (Comic)

Has Netflix Put Its Checkbook Away?