WHEN NETFLIX PROPOSED A JOINT DEAL WITH BLOCKBUSTER

CNET News has uncovered a 2008 interview with outgoing Netflix CFO Barry McCarthy that appeared in the Unofficial Stanford blog, in which McCarthy tells of a meeting in 2000 between Blockbuster CEO John Antioco and Netflix co-founder Reed Hastings in which Hastings proposed a partnership. In the interview McCarthy said, “Reed had the chutzpah to […]

NETFLIX CFO ADMITS STREAMED VIDEO SERVICE LACKING

Netflix CFO Barry McCarthy acknowledged on Wednesday that the online video rental outfit’s streaming service wasn’t all it could be. At an investors’ conference in Chicago, McCarthy observed that movies available on the service are mostly old movies and TV shows, something that investors as well as customers complain about. “Is the streaming service all […]