Reed Hastings Steps Down As Netflix Co-CEO After Rocky Year For Streaming Service

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Netflix cofounder Reed Hastings stepped down as co-CEO after 25 years at the company’s helm, Netflix announced Thursday in its fourth quarter earnings report, after the streaming service added over 7 million subscribers in the last three months of 2022, surpassing expectations as it reported slightly increased revenue after a difficult first half of the year for the content giant. READ MORE: https://www.forbes.com/sites/marisadellatto/2023/01/19/reed-hastings-steps-down-as-netflix-co-ceo-after-rocky-year-for-streaming-service/?sh=3f8b5f0a6d6c Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com
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