Netflix, Inc. (NASDAQ:NFLX) CEO Reed Hastings is at it again — sharing company news in his personal Facebook Inc (NASDAQ:FB) account.
Hastings used the popular social media outlet to note that House of Cards is “now the #1 most popular TV show in the world, according to IMDb.” And then, perhaps to deflect another round of unwelcome regulatory attention, he followed up by noting that he didn’t have any hard numbers to share this time. “I still can’t get [Netflix chief content officer] Ted Sarandos to tell me how many millions are enjoying it on Netflix,” he wrote.
To put the top rating into perspective, House of Cards beat out AMC Networks Inc (NASDAQ:AMCX)‘ The Walking Dead, which aired a hotly anticipated midseason episode on Sunday after a two-month break. The top MOVIEmeter titles in feature films are Oscar contender Django Unchained, upcoming high-energy action flick Fast & Furious 6, and recent box-office topper Warm Bodies.
Looking over these top performers, it should be obvious that high MOVIEmeter ratings don’t always translate into massive viewership. After all, Fast & Furious 6 hasn’t hit theaters yet, and Django is a critical darling but not exactly a blockbuster. But all of them are legitimate eyeball magnets right now.
So it’s fair to say that House of Cards is “popular,” in the sense that people want to learn something about it. Does that translate into free trials and new subscribers? We don’t know.
Hastings is unlikely to get in trouble for this particular Facebook Inc (NASDAQ:FB) posting, then. With more than 1 billion global users, it’s hard to say that Facebook is a closed forum, or that news posted there won’t be seen by investors. Hastings himself has 263,000 followers, including a fair helping of investors and writers. And this newsy tidbit is based on publicly available information anyhow — with limited importance for Netflix’s actual business prospects.
But regulators have overreacted before, and Hastings will probably overstep its invisible boundaries again. As a Facebook Inc (NASDAQ:FB) board member, you could even say that it’s his job to keep pushing the envelope of how you can use the service.
The article On Facebook Today: More Netflix News originally appeared on Fool.com and is written by Anders Bylund.
Fool contributor Anders Bylund owns shares of Netflix, but he holds no other position in any company mentioned. Check out Anders’ bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Facebook and Netflix. The Fool has bought calls on Facebook. Motley Fool newsletter services have recommended buying shares of AMC Networks, Netflix, and Facebook.
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