Latest in Reed Hastings

Duffy, the Welsh singer-songwriter who earlier this year went public with a harrowing story about being kidnapped and raped, has publicly called out Netflix for showing Polish feature film 365 Days, which she says "glamorizes the brutal reality of sex trafficking, kidnapping and rape". The movie, which has been widely…

Netflix CEO Reed Hastings has revealed that the company’s 183M subscribers have been indulging in more international content during the coronavirus lockdown. In an audio essay for the BBC, Hasting trumpeted the streamer’s investment in global shows, such as Money Heist, arguing that they “translate across borders…

Netflix co-founder and CEO Reed Hastings and his wife Patty Quillin have donated $120 million to the United Negro College Fund, Spelman College and Morehouse College, a record-setting individual gift supporting scholarships at historically black colleges and universities. In an interview with MSNBC’s Craig Melvin…

Netflix CEO Reed Hastings’ compensation package totaled $38.58 million for 2019, up from $36.08 million the year before, with option awards totaling $37.4 million. Hastings’ base for the past two years was $700,000. Option awards in 2018 were $33.38 million. Ted Sarandos, chief content officer, saw his base pay rise…

As the streaming wars kick it up to the next level with Peacock and soon HBO Max on the battlefield, a surging Netflix on Tuesday made it apparent who is still king, in no small part thanks to the success of Tiger King and the return of Money Heist. In an investor letter released today along with the Reed Hastings-run…

Netflix CEO Reed Hastings will see his total compensation rise 10% to just shy of $34.7 million in 2020, the company disclosed Monday in an SEC filing. The streaming giant annually provides a look ahead at its executive compensation just before the end of December. In 2018, Hastings earned a total of $31.5 million…

Netflix has signed a production and distribution agreement with Korean media outfit CJ ENM and its subsidiary Studio Dragon, one of the country's leading series producers. Studio Dragon has credits including the Guardian: The Lonely And Great God, which is one of Korea’s most successful shows of all time. The…

Netflix founder and CEO Reed Hastings tackled a wide array of issues surrounding the streaming giant during a packed 30-minute keynote session at the New York Times‘ DealBook conference Wednesday. Asked about Topic A, the unprecedented wave of streaming competition coming from Apple and Disney this month and then…

The Netflix management team spent a large portion of their 38-minute “earnings interview” for the third quarter highlighting their aggressive push into the film business and their view of streaming competition. CEO Reed Hastings touted the fourth-quarter slate of films, a nearly billion-dollar array of work from…

Netflix stock retreated nearly 6% in Friday trading after CEO Reed Hastings described a “whole new world” of streaming competition once Disney+ and Apple TV+ launch in the coming weeks. "While we've been competing with many people in the last decade, it's a whole new world starting in November," Hastings said in an…

Reed Hastings has revealed the one show he wishes Netflix had on its roster: Phoebe Waller-Bridge’s zeitgeisty BBC comedy Fleabag. Speaking at the Royal Television Society's Cambridge Convention on Friday, Hastings told an audience of powerful U.K. television executives that Netflix was “outbid” by Amazon for the…

When Netflix first exposed its intriguing blueprint to the Hollywood studios some years ago, techno-nerds predicted the majors would likely embrace its bold ideas. They were wrong. Hollywood displayed the same chill toward Netflix as it had toward HBO years earlier. Warner Bros declined to invest, for example, but…