Netflix’s CEO Says Won’t Retreat in SEC Facebook-Post Case
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Netflix Inc. Chief Executive Officer Reed Hastings said he will keep posting on Facebook as the U.S. Securities and Exchange Commission weighs whether to file a lawsuit over a disclosure he made on the social network.
“I wasn’t setting out to set an example. I was sharing something to these 200,000 people,” Hastings said yesterday in an interview at Bloomberg’s New York headquarters. “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.”