Netflix founder named to Microsoft's board

OhioChick

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Tue Mar-27-07 08:20 AM
Original message

Netflix founder named to Microsoft's board

Source: The Seattle Times

Tuesday, March 27, 2007

The newest member of Microsoft's board of directors is an entrepreneur who created a new way of delivering videos to consumers.

Reed Hastings, founder, chairman and chief executive of Netflix, the DVD-by-mail video-rental service, is joining the 10-member board representing Microsoft shareholders, the company announced Monday.

Microsoft has had nine directors since Ann McLaughlin Korologos stepped down in November.

In the same announcement, Microsoft declared a quarterly dividend of 10 cents a share, payable June 14 to shareholders of record on May 17. It is the third quarter in a row the company has issued a 10-cent dividend.

Read more: http://seattletimes.nwsource.com/html/businesstechnology/2003637478_msftboard27.html

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Ian David

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Tue Mar-27-07 09:48 AM
Response to Original message

1. He arrives at board meetings in a red envelope. n/t

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OhioChick

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Tue Mar-27-07 01:12 PM
Response to Reply #1

5. And...

Sometimes, missing his white sleeve.

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Cha

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Tue Mar-27-07 10:41 AM
Response to Original message

2. netflix sure has an amazing

website.

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blitzen

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Tue Mar-27-07 11:03 AM
Response to Original message

3. the dude was in my class in college....

a small college--but I didn't know him and just learned about it from reading the Alumni mag

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Courtesy Flush

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Tue Mar-27-07 12:36 PM
Response to Original message

4. That explains it

NetFlix now offers streaming movies, but only on Win XP and Vista with IE7. Forget it if you run a Linux or Mac.

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