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Xbox deal must look sweet, Netflix boss buying MS shares
Posted by XanTium | July 22 23:01 EST | News Category: Xbox360
From seattletimes.nwsource.com: [QUOTE] A week after a new partnership to stream Netflix content on Xbox consoles was announced, Netflix Chief Executive (and Microsoft board member) Reed Hastings has acquired a bunch of Microsoft shares.
Hastings acquired 53,300 shares today in five separate blocks, at prices ranging from $25.54 to $25.60, or about $1.36 million combined. Hastings now has 177,000 shares of Microsoft, according to a Securities and Exchange Commission filing. [/QUOTE]
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man this is a crazy world, $1.36 million in MS shares wow. Prolly just a drop in the bucket for him. So that means all together he owns around 4.5 million dollars of MS stock!?
This post has been edited by rooter75: Jul 23 2008, 06:27 PM