… for his own catastrophically stupid mismanagement. No, honestly:
Twice in the interview, Mr. Hastings linked the hostility toward Netflix’s price change and proposed breakup to the angry mood of the country, even citing the Tea Party and the Occupy Wall Street movement by name.
Thanks to Reed Hastings’ genius, Netflix announced today that it lost 800,000 subscribers in the past quarter. Company stock lost 25 percent of its value today.