Netflix (NFLX) May Post to Blog, Facebook, Twitter or Reed Hastings' Public Facebook Page
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Netflix (NASDAQ: NFLX) provided investors a list of social media channels it may use to disclose information.
From Netflix:
On December 6, 2012, we announced that Netflix, Inc. (NASDAQ: NFLX) and its Chief Executive Officer Reed Hastings each received a “Wells Notice” from the Staff of the Securities and Exchange Commission (“SEC”) indicating its intent to recommend that the Commission bring enforcement proceedings against Netflix and Mr. Hastings for alleged violations of Regulation Fair Disclosure, Section 13(a) of the Securities Exchange Act and Rules 13a-11 and 13a-15 thereunder. On April 2, 2013, the SEC issued a Report of Investigation in which it announced that the Commission has determined not to pursue an enforcement action.
The SEC’s Report of Investigation provided guidance to issuers such as Netflix regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information to our investors using our investor relations website (http://ir.netflix.com), SEC filings, press releases, public conference calls and webcasts. We use these channels as well as social media to communicate with our subscribers and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time on Netflix’s investor relations website.
The Netflix Blog (http://blog.netflix.com)
The Netflix Tech Blog (http://techblog.netflix.com)
The Netflix Facebook Page (https://www.facebook.com/netflix)
The Netflix Twitter Feed (https://twitter.com/netflix)
Reed Hastings' Public Facebook Page (https://www.facebook.com/reed1960)
From Netflix:
On December 6, 2012, we announced that Netflix, Inc. (NASDAQ: NFLX) and its Chief Executive Officer Reed Hastings each received a “Wells Notice” from the Staff of the Securities and Exchange Commission (“SEC”) indicating its intent to recommend that the Commission bring enforcement proceedings against Netflix and Mr. Hastings for alleged violations of Regulation Fair Disclosure, Section 13(a) of the Securities Exchange Act and Rules 13a-11 and 13a-15 thereunder. On April 2, 2013, the SEC issued a Report of Investigation in which it announced that the Commission has determined not to pursue an enforcement action.
The SEC’s Report of Investigation provided guidance to issuers such as Netflix regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information to our investors using our investor relations website (http://ir.netflix.com), SEC filings, press releases, public conference calls and webcasts. We use these channels as well as social media to communicate with our subscribers and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time on Netflix’s investor relations website.
The Netflix Blog (http://blog.netflix.com)
The Netflix Tech Blog (http://techblog.netflix.com)
The Netflix Facebook Page (https://www.facebook.com/netflix)
The Netflix Twitter Feed (https://twitter.com/netflix)
Reed Hastings' Public Facebook Page (https://www.facebook.com/reed1960)
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