Netflix's co-founder Reed Hastings is leaving his co-CEO role and will stay on as executive chairman. Greg Peters, chief operating officer, has been promoted to co-CEO and will share that title ...

Netflix’s advertising tier, priced at $6.99 a month in the United States, was a major reversal for the streaming company, whose executives — Mr. Hastings chief among them — had long insisted ...

Marriage counseling has played a big role in Reed Hastings’ success, the Netflix co-founder and co-CEO told Poppy Harlow Thursday.

Reed Hastings, co-founder and co-CEO of Netflix, has stepped down as chief executive officer.He remains an employee of the company, serving as executive chairman of the board. Ted Sarandos, co-CEO ...

Netflix co-CEO and chairman Reed Hastings conceded that he wished the streamer had introduced an ad-supported plan years ago.. Netflix’s reluctance to adopt advertising was “wrong” and that ...

Netflix founder Reed Hastings has stepped down from his executive chairman role at the streaming service. He will now serve as chairman of the board and in a non-executive director position.

Reed Hastings was hit with a $40 late fee for a VHS rental, a moment that would change the entertainment landscape forever.

Netflix Shocker: Reed Hastings to Exit Co-CEO Role, Will Remain as Executive Chairman. Greg Peters has been promoted to co-CEO alongside Ted Sarandos, with Bela Bajaria and Scott Stuber also being ...

Hastings, 62, had been Netflix’s CEO for more than 20 years after taking over the role from his friend and fellow company co-founder Marc Randolph in the late 1990s.

The $40 late fee Reed Hastings paid after temporarily losing a rented video in 1997 may have been the best money he ever spent. That fee gave him the idea for Netflix, the entertainment giant he ...

Netflix’s Reed Hastings and Ted Sarandos’ Pay Packages Hit $50M-Plus in 2022 COO Greg Peters, who is now the co-CEO of Netflix alongside Sarandos, brought in $28.1 million in compensation last ...

Netflix‘s Ted Sarandos, Reed Hastings and other top Netflix corporate executives will not receive salary increases in 2021.. Netflix disclosed Monday in a Securities and Exchange Commission ...