Netflixation

Fortune magazine recognized Netflix CEO Reed Hastings as Fortune's Businessperson of the year for 2010. Rated #1 for stock price performance after Netflix stock (Nasdaq: NFLX) increased some 200% year-to-date (as of 11.19.2010), Reed Hastings was not even supposed to be on this list, per Michael Copefland senior writer for Fortune magazine. Critics insisted years ago that Netflix was a one-trick pony that would have been crushed by Blockbuster, Wal-Mart or Apple by now. Over the past 12 months or so, Mr. Hastings has finally able to realize his second vision for Netflix: instant streaming of movies and TV shows over the internet. And he has recently taken it internationally into Canada, with other countries to roll out about a year from now. In doing this, Netflix is revolutionizing the media game with instant streaming with its role as a internet streaming media aggregator. Read the article.