Reed Hastings

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&#

Netflix CEO Reed Hastings Announces $100M Philanthropic Education Fund

Reed Hastings took to Facebook Tuesday to announce that he would be personally funding a new $100 million philanthropic fund, focusing exclusively on education-related projects and organizations. T

Netflix CEO Says Account Sharing Is OK

Remember when HBO’s CEO said the company was cool with users sharing their HBO GO passwords? Well, apparently, Netflix feels the same way. In an under-the-radar announcement from last week&#8217

Netflix CEO: Actually, There’s “Not Nearly Enough” TV

Are there just too many TV shows right now? You may remember that's what FX Networks CEO John Landgraf told reporters and critics over the summer — that there's "simply too much television." Well
Load More