Popular Posts

▼

Monday, September 19, 2011

"I Messed Up," Netflix CEO Says

(CNN) -- Netflix Co-founder and CEO Reed Hastings made a public apology in his blog Sunday after a customer outburst against a hike in prices."I messed up," Hastings said.

"I owe everyone an explanation."Hastings posted the mea culpa after a barrage of customer backlash that caused Netflix stock to plunge.Netflix subscribers quit the service in droves last week after the unexpected increase.

at

2 comments:

  1. AnonymousSeptember 19, 2011 at 6:12 PM

    I've bailed.

    This Netflix decision rates right up there with changing the formula for Coke. Idiots.

    ReplyDelete
  2. AnonymousSeptember 19, 2011 at 7:16 PM

    Great analogy!

    ReplyDelete

Note: Only a member of this blog may post a comment.