Never one to avoid the public eye or controversy, Netflix CEO Reed Hastings has stated that he will continue to post occasionally on his Facebook page. This declaration comes as the SEC is considering a lawsuit against Hastings for comments he made on Facebook last year.
In a recent interview with Bloomberg, Hastings defended the post that got him in trouble: a boast about Netflix reaching the billion-hour streaming mark the previous month. The SEC hit Hastings with a warning about an error in disclosure protocol.
Hastings said the following about the incident:
“I wasn’t setting out to set an example . . . I was sharing something to these 200,000 people. I’m not going to back down and say it’s inappropriate. I think it’s perfectly fine. Sometimes you’re just the example that triggers the debate.”
Whether he’s in the right or not, Hastings definitely makes the home entertainment landscape a bit more interesting. Do you think he’s wise to stand his ground and continue to make posts on Facebook?
[via Home Media Magazine]