Reed Hastings is leaving Netflix after 29 years

7 hours ago

Reed Hastings, co-founder and former CEO of Netflix, is leaving the company's board in June after 29 years to focus on philanthropy and other pursuits.
Hastings founded Netflix in 1997, transforming it from a DVD rental service into a streaming giant, introducing original content in 2013, and stepping down as co-CEO in 2023.
He highlighted his focus on member joy, company culture, and Netflix's global reach as key contributions, expressing gratitude to current leaders Greg Peters and Ted Sarandos.
Hastings will remain involved in other ventures, serving on the boards of Anthropic and Bloomberg, while Netflix expands into new areas like party games, video podcasts, and live sports.

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