![\"Reed](\"http:\/\/static.businessinsider.com\/image\/4b60b1af00000000007d20d9\/reed-hastings-with-dvds.jpg\")
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Hand it to Netflix for being forward-thinking with the format of its earnings calls.<\/p>\n
Its latest move is to wipe out the boring “management’s commentary” part at the beginning of the call. Instead, Netflix’s earnings call this afternoon will be all Q&A, with questions accepted only by email.<\/p>\n
Typically, the “management’s commentary” is where CEO Reed Hastings talks about how awesome the movie business is and the company’s CFO reads the results from the earnings release. Snooze-fest.<\/p>\n
But for this quarter, the company has instead “posted a written version of management’s commentary to its Web site at http:\/\/ir.netflix.com<\/a>,” a more efficient and effective way to distribute meaningless, canned quotes.<\/p>\n The company says if “the format change is well received,” it’ll keep doing it. So, analysts, if you like it, give ’em a pat on the back.<\/p>\n Netflix is also the first company we cover that has switched to a questions-via-email format, versus most earnings calls where Wall Street analysts ask questions on the phone. This was improvised about a year ago when the conference-call system broke down in the middle of a Netflix call, and the company has kept it going since then.<\/p>\n We like it because it moves the call along faster, and doesn’t lead to awkward pauses when analysts mess up their speakerphones.<\/p>\n But there is always the risk that Netflix may conveniently “run out of time” with regard to answering tough questions, or say the question got lost in transmission. (Not that analysts ask tough questions very often.)<\/p>\n The lame part: Netflix still relies on two dinosaur multimedia technologies — Real audio and Windows Media — for its Webcast. They’re especially tricky to work on a Mac. Hello, Flash?<\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Hand it to Netflix for being forward-thinking with the format of its earnings calls. Its latest move is to wipe out the boring “management’s commentary” part at the beginning of the call. Instead, Netflix’s earnings call this afternoon will be all Q&A, with questions accepted only by email. Typically, the “management’s commentary” is where CEO […]<\/p>\n","protected":false},"author":440,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-238386","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/238386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/440"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=238386"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/238386\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=238386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=238386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=238386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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