Netflix Streams a Billion Hours of Video Streaming

Episode 934 (07:19)

Netflix.com

Netflix CEO Reed Hastings has announced that the company has passed over a billion hours in video streaming. But in announcing it on Facebook and Twitter, he may have violated SEC rules about informing investors properly and could be subject to civil action.

The Facebook Post That Got Netflix CEO Reed Hastings in Trouble With the SEC (BusinessWeek)…
http://www.businessweek.com/articles/2012-12-07/the-facebook-post-that-got-netflix-ceo-reed-hastings-in-trouble-with-the-sec

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