Reed Hastings is leaving Netflix
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It’s the end of the Reed Hastings era at Netflix: The co-founder, chairman and former CEO of the company he transformed from a DVD-by-mail shipper to the world’s biggest premium streaming service will depart from the Netflix board in June.
If anyone was looking for sharpened shivs at Netflix’s upper echelon between the now exiting Reed Hastings and his successors over the abandoned Warner Bros bid, Ted Sarandos has some bad news for
The company also announced that its co-founder Reed Hastings, who took the company from a mail-order DVD company to the streaming giant it is today, plans to leave the board in June once his term expires.