Adolf Hitler really isn’t a happy man. He seems to get his knickers in a twist over even the smallest things. And he’s really not best pleased with Netflix and its CEO (for now) Reed Hastings.
A few months ago Netflix decided to up its prices. Which went down badly. Then they decided to split the DVD and streaming sides of their business, creating Qwikster. Which went down atrociously.
The shit hit the fan yesterday when Wall Street reacted to the latest earnings call, with shares dropping a whopping 35 percent in just a single day. That’s what known as a bad day at the office.
This Netflix thing is becoming a real mess that is going to take a long time to fix. And I’m not even sure the company can recover from it right now. But I am very tempted to buy shares just in case.