Reed Hastings

Could this signal a deeper alliance between Facebook and Microsoft? That’s how we’re reading the news today that Netflix founder Reed Hastings has joined the board of Facebook. Hastings already sits on the board of Microsoft, which invested $240 million in the social networking powerhouse in 2007.

That was the same year that Hastings joined the board of Microsoft.

“Facebook is propelling a fundamental change in how people connect with each other and share all kinds of content,” said Hastings in a press release. “I’m looking forward to working with Mark and the rest of the board to help Facebook take advantage of all the opportunities ahead.”

In addition to Hastings and Mark Zuckerberg, Facebook’s board includes Marc Andreessen of Andreessen Horowitz; Jim Breyer of Accel Partners; Donald E. Graham, chairman and CEO of The Washington Post Company; and Peter Thiel of Clarium Capital.

Microsoft also maintains a deep advertising relationship with Facebook, and having Hastings on the boards of both companies could help the two companies strengthen ties moving forward. Hastings involvement with Facebook, given his leadership at Netflix, also could signal that Facebook is getting even more interested in attacking the booming online video market.

Previously on GeekWire: Netflix CEO Reed Hastings on his Microsoft board position, Steve Ballmer dustup

Comments

  • Guest

    Welcome aboard to Mr. Hastings! I hope that Reed can bring the same disruptive spirit that has set Netflix and Microsoft apart from the old guard to Facebook. The latter company has been MySpacing like it’s 2004 lately, adding needless features whilst haemmhoraging users.

    • Guest

      MS disruptive? Surely you jest.

  • http://www.intrinsicstrategy.com FrankCatalano

    It also makes one wonder if Hastings will try and leverage his somewhat less high-profile position as chairman of Seattle’s DreamBox Learning with Facebook. Facebook has been slowly adding educational games and software to its platform, and DreamBox’s adaptive instruction for math could be an interesting fit.

    • johnhcook

      Thanks for pointing that out Frank. I had forgotten his involvement in Dreambox.

      jc

  • Guest

    Or maybe Hastings is shortly out of MS? When asked recently whether Steve should go, other MS directors that were quoted gave the expected answer “we support Steve”. Hastings didn’t. Maybe he has been pushing for a CEO change and lost out?

  • GM

    Could this be a conflict of interest? Microsoft is working on socl.com, another social networking service.

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