Netflix CEO to Comcast: Quit the poor-mouthing
Netflix's public-relations team almost walked away today from a San Francisco tech conference without its CEO saying anything that might complicate its job.
But it was not to be.
Minutes before wrapping up an on-stage interview at the Morgan Stanley Technology Media & Telecom conference, Reed Hastings made the kind of witty, impromptu, and controversial remark for which he's become increasingly famous.
Asked whether the cable companies are "pressured" by the enormous amount of traffic that Netflix customers generate, Hastings sarcastically said, "That 92 percent Comcast operating margin is really under a lot of pressure...… Read more