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Netflix CEO Reed Hastings Bets On American Stupidity In Launch of Canadian Service

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TEAM AMERICA
DailyFeed
Netflix is expanding into Canada. And, rather than paying $8.99 a month, our neighbors to the north will be charged $7.99.

The Hollywood Reporter recently interviewed Hastings about the company's plans--and, while a decent read, one line really puts today's state of affairs into perpsective:

The Hollywood Reporter: Are you concerned that American Netflix subscribers will look north and ask for the same discount Canadians get at $7.99?

Reed Hastings: How much has it been your experience that Americans follow what happens in the world? It's something we'll monitor, but Americans are somewhat self-absorbed.

Okay, well, whatever. Enough about you, Reed. Let's talk about me.
POSITION:  No positions in stocks mentioned.

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