Though they were once at the top of their game, Netflix has come under a lot of scrutiny lately.
At least he’s sort of getting what he deserves, in the form of massive backlash (25,000 comments on their blog) AND a stock plummet. (Check out the 5-day stock chart, bottom left)
The most douchebaggy thing I can think of? Apologizing for something that you blatantly don’t plan on changing.
That’s exactly what Reed Hastings, Netflix co-founder and CEO, is doing.
He recently sent out a very fearful letter, apologizing for the price increase in August ($8.99 to $15.98 for streaming and DVD-by-mail) and explaining all the changes…