Thursday, June 23, 2011

Another Sign of Facebook’s Latest Interest in the Media Business: Netflix CEO Hastings Joins Board [Inside Facebook]

Lots of friends in important places

“Facebook is propelling a fundamental change in how people connect with each other and share all kinds of content,” said Hastings. “I’m looking forward to working with Mark and the rest of the board to help Facebook take advantage of all the opportunities ahead.”

This isn’t just about the place each of these companies have in the video market, of course. Hastings is an experienced executive, as well as a Microsoft board member, and it makes sense for Facebook CEO Mark Zuckerberg to have someone like him around as the company considers big-company decisions, like going public.

Another Sign of Facebook’s Latest Interest in the Media Business: Netflix CEO Hastings Joins Board

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