Reed Hastings
Netflix founder Reed Hastings steps down as co-CEO
Netflix founder and co-CEO Reed Hastings announced Thursday that he would step down after more than two decades at the company. While news of his departure comes as a shock, Hastings noted that Netfli
Netflix could introduce its ad-supported plan as soon as this year
After years of denying the possibility of advertising on the streaming platform, Netflix is wasting no time getting the ball rolling on its lower-priced ad-supported tier, which could appear on the pl
Netflix to introduce ad-supported plans in a major shift
Netflix plans to offer cheaper, ad-supported tiers to consumers over the next year or two, the world’s largest on-demand video streaming service said Tuesday, as it looks to boost its subscriber
Netflix and other streaming platforms urged to switch to SD during COVID-19 crisis
The European Commission is putting pressure on Netflix and other streaming platforms to switch to standard definition during periods of peak demand as the coronavirus crisis puts unprecedented load on
Silicon Valley Community Foundation challenges donors to address local problems
I've always thought and believed that you need the public sector and then you need the risk capital that taxpayer money shouldn't be going to.
Netflix is still saying ‘no’ to ads
Despite ongoing speculation and investor pressure, Netflix is still declining to adopt an advertising-based business model as a means to boost its revenue, Netflix CEO Reed Hastings confirmed on Tuesd
Netflix earmarks $420M to fight Disney in India
Netflix continues to bet heavily on India, one of the world’s largest entertainment markets, where it competes with more than three dozen rivals, including Disney. Reed Hastings, the chief execu
Netflix co-founder Marc Randolph on the company’s earliest days, the streaming wars, and moving on
Netflix is today a company whose valuation hovers around $130 billion, but it was, of course, once a little startup, and in his new book “That Will Never Work,” Netflix’s co-founder
Go behind the curtain with Wall Street titan Ray Dalio
Today on Extra Crunch, TechCrunch fintech contributor Gregg Schoenberg went deep beneath the surface with an insider profile of investor Ray Dalio. While Dalio is certainly a celebrity in the world of
What lower Netflix pricing tells us about competing in India
At a conference in New Delhi early last year, Netflix CEO Reed Hastings was confronted with a question that his company has been asked many times over the years. Would he consider lowering the subscri
Facebook taps Peggy Alford for its board, Reed Hastings and Erskine Bowles to depart
Facebook’s board is undergoing its biggest shakeup in memory. On Friday, the company announced that Peggy Alford would be nominated to join the company’s board of directors. “Peggy i
Reed Hastings says Netflix won’t be part of Apple’s upcoming video streaming service
Netflix CEO Reed Hastings said during a Los Angeles press event tonight that it will not be part of the streaming video service Apple is expected to unveil next week at its Cupertino headquarters. Whi
Video game revenue tops $43 billion in 2018, an 18% jump from 2017
Video game revenue in 2018 reached a new peak of $43.8 billion, up 18 percent from the previous years, surpassing the projected total global box office for the film industry, according to new data rel
Netflix is testing a mobile-only subscription to make its service more affordable
Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets. CEO Reed Hastings told Bloomberg last week that the
Facebook hit with shareholder lawsuits over data misuse crisis
The lawsuits are piling up against Facebook in the wake of the Cambridge Analytica data misuse and political ad targeting scandal. According to SF Gate the company has been hit with four suits in fed
Netflix’s Hastings: Trump’s immigration ban is ‘anti-American’
Netflix co-founder and CEO Reed Hastings doubled down on statement's he's made about Trump's immigration policy when he took the stage at Code Con on Wednesday.
Cannes Film Festival announces new rule that could block Netflix films from participating
This is the first year that Netflix will have movies premiering at the prestigious Cannes Film Festival — and it might be the last.
Netflix misses its growth targets but expects to hit 102M subscribers next quarter
Netflix whiffed today in its first-quarter earnings when it came to subscriber growth, missing the expectations it set at the beginning of the year for the first quarter. Still, Netflix said it is ex
Is Netflix Disney’s next big buy and is Reed Hastings its next CEO?
Disney and Netflix are logical dance partners. And, just as we saw with the 50/50 cash and stock financial engineering that enabled AT&T to buy Time Warner, ever-creative Disney undoubtedly has t
Netflix’s Reed Hastings believes AT&T Time Warner merger could be good for consumers
Netflix CEO Reed Hastings isn’t bothered by the idea of a marriage between mobile powerhouse AT&T and HBO’s parent company Time Warner, “As long as HBO’s bits and Netflix&#