Netflix cofounder Reed Hastings to step down as chairman in June
Reed Hastings, co-founder of Netflix, announced his departure as chairman of the group he founded in 1997.
Published 16sem5 sources✓ ConfirmedMajor
Lire en français
≈ 26s
The fact
The departure comes as the streaming giant faces commercial setbacks, including loss of the Warner Bros partnership and a stock decline of around 8%.
This transition occurs during a critical period of competitive restructuring in the video-on-demand industry.
5 sources — click a link to read an article on the topic:
Story timeline
Apr 17Netflix cofounder Reed Hastings to step down as chairman in Junethis article