Guess Netflix just cannot be contained by traditional means of distributing information to shareholders.
Last year, CEO Reed Hastings got a little finger-wag from the S.E.C. when he announced a milestone over Facebook. Now the company is dropping the old quarterly conference call for a video chat about earnings.
Because you really want to look Reed Hastings square in the eye the next time he’s explaining why he pulled a Qwikster.
According to the AP:
“Netflix spokesman Jonathan Friedland said the company hopes that the video format will make for a more lively and enriching discussion.”
“That was just a genuinely lively earnings announcement, wasn’t it, Bob?” “I know, so enriching!” said no financial analysts, now or ever.