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3 mins read

Here are 5 secrets of Netflix's success, according to Reed Hastings

Netflix shells out big bucks for top talent, demands excellence from workers and ruthlessly gets ri…

Theron Mohamed   


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Reed Hastings says he kept losing money as an investor so he sticks to owning Netflix stock and index funds

Netflix's billionaire cofounder Reed Hastings said his investing track record is terrible because h…

Theron Mohamed   


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Netflix cofounder Reed Hastings, who bought a ski mountain in Utah, snaps up more land for his public-private mountain experiment

Netflix co-founder Reed Hastings is jacking up prices for season passes and selling lots for $2 mil…

Ana Altchek   


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1 min read

Netflix cofounder Reed Hastings just gave stock worth $1.1 billion to a Silicon Valley charity

The Netflix cofounder gave about 40% of his stake to the Silicon Valley Community Foundation, which…

Polly Thompson   


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1 min read

Reed Hastings steps down as Netflix's co-CEO

Starting Friday, Greg Peters will step up from Chief Operating Officer to become Ted Sarandos's …

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Reed Hastings is stepping down as co-CEO of Netflix

The media giant's current COO, Greg Peters, will step into the role of co-CEO, joining Ted Sarandos…

Samantha Delouya   


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1 min read

Netflix plans to end password sharing in early 2023

Streaming giant Netflix is reportedly planning to put an end to its password sharing feature in ear…

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2 mins read

Netflix stock jumps 6% after co-CEO Reed Hastings steps down and subscriber numbers soar

The streaming giant missed its fourth-quarter earnings goals but added an above-target 7.7 million …

George Glover   


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Netflix co-founder Reed Hastings announces $1 million donation towards Ukraine relief

"$1m donation on the way for emergency relief to Razom," wrote the Netflix executive, "thanks to…

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This billionaire investor booked a $400 million loss on his billion dollar Netflix investment

The hedge fund had invested in Netflix earlier this year, and while we don’t know their exact …

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Netflix India observes an uptick in user engagement after reduction in prices

Content streaming platform Netflix, which reduced its subscription prices in India late last year, …

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Netflix share price tanks as the company records its first drop in users since 2011

Popular streaming giant Netflix suffered a jolt on Monday as it recorded a user decline for the fir…

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CEO bonus for the top 10 tech giants soared 400% amid pandemic

Tan Hock Eng from Broadcom was the highest gainer by a whopping 1,586 per cent, from $3.6 million t…

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Netflix boss Reed Hastings snapped up $20 million in shares of the streaming giant after its stock plummeted 30%

The transactions, made on behalf of a Hastings family trust, raised the amount of his beneficially-…

Shalini Nagarajan   


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8 mins read

Reed Hastings explains the psychology behind Netflix games in an exclusive interview: 'We're unafraid to fail'

"We have to learn by doing, learn by trying things," the billionaire co-founder and co-CEO of Netfl…

Insider Inc.   


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2 mins read

Netflix co-CEO Reed Hastings reacts to surprise news that Disney is bringing back Bob Iger: 'Ugh. I had been hoping Iger would run for president'

Returning Disney CEO Bob Iger has mulled a US presidential run in the past, but later said he was "…

Aaron Mok   


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Netflix Co-CEO says 3 execs were fired for repeatedly making 'critical, personal comments' about their peers in a public Slack channel

"What happened here was unfortunately not simply venting on Slack," Ted Sarandos said in response t…

Tyler Sonnemaker   


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Avery Hartmans   


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Investors shouldn't over extrapolate based on Netflix's disappointing quarter as the shift to streaming is set to continue, LightShed's Greenfield says

LightShed Partner's Rich Greenfield says Netflix investors shouldn't fret over the company's subscr…

Will Daniel   


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Netflix loses $20 billion in market value after subscriber growth falls short of forecasts

The streaming platform's stock price tumbled 8% after it forecast only 1 million member additions t…

Theron Mohamed