Saturday, December 29, 2012

Netflix doubles down on CEO Reed Hastings' pay package

Christmas Eve — what a lovely time for this Netflix watcher to be tuned away from Kansas City. I, and surely many other regular Internet TV watchers, were able to avoid what could have been a devastating black-out during the online video streaming

Christmas Eve — what a lovely time for this Netflix watcher to be tuned away from Kansas City. I, and surely many other regular Internet TV watchers, were able to avoid what could have been a devastating black-out during the online video streaming

Netflix has been lobbying to change a law that prevents it from using Facebook to reveal what movies people are watching. It has finally won in Congress but, by this point, doubts about the value of frictionless sharing mean

At issue was the Video Privacy Protection Act (VPPA), which banned the sharing of a person's video rental history without written consent. Once the President signs off on a new bill that has surged through the chambers of Congress, Netflix users will

Netflix Inc. raised Chief Executive Reed Hastings's compensation package to $4 million for 2013, essentially doubling his pay this year.

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