Thfire.com Everyday news that matters Netflix is a very generous company. They have doubled the pay for the CEO Reed Hastings in 2013 to $4 million. Netflix will be paying CEO Reed Hastings $2 million in salary and $2 million in stock options. In 2012, Reed took home just $500,000 plus $1.5 million in stock options. Why did Netflix get so generous? Well, truth to ... Read More »
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Netflix is Sinking and Nobody Seems to Care
The recent stock price troubles of Internet video streaming giant Netflix are a prime example of the troubles facing the subscriber-based service. As WebProNews reports, Netflix shares have plummeted despite the company adding 3 million subscribers during the first quarter. Growth is slowing, which is worrisome, but doubts about Netflix’s business model are also starting to creep up. The short ... Read More »