Latest in Reed Hastings

Here's another bucket of cold water for the budding romance between Netflix and exhibitors. Founder and co-CEO Reed Hastings fully, almost happily, agreed that his company left lots of money on the table with the limited release and booming ticket sales of Glass Onion: A Knives Out Mystery over…

Elon Musk’s back may be against the wall as Twitter’s new owner, but he has plenty of friends in high places, especially in the tech sector. Netflix co-founder and co-CEO Reed Hastings praised the Tesla billionaire as “the bravest, most creative person on the planet” during a wide-ranging session at…

Liberty Media chairman John Malone slammed AT&T, praised Reed Hastings and affirmed his faith in the Warner Bros. Discovery team led by David Zaslav amid the drama and red ink of today’s streaming wars. "At the moment, there is a lot of blood flowing down the gutters of people who are streaming. Some…

Netflix is looking to get off the bench and into the live sports game. Over the past few months, the streamer has been quietly looking into acquiring the rights to a number of leagues and events, Deadline can confirm. In particular, deals were under discussion for several tennis tours as well as a…

Netflix said Tuesday that its closely watched paid membership number is becoming "just one component" of total revenue growth, so starting in the fourth quarter it will stop offering forward-looking subscriber forecasts. Shares of Netflix – and other streamers – are highly sensitive to subscriber adds, or…

More than three years after Reed Hastings said Netflix wants to be on BARB, the UK ratings agency has its wish. BARB will begin reporting streaming ratings data, which includes Netflix, in the same way it reports local UK broadcasters, digital channels and pay-TV platforms from November 1. BARB…

After a decade-plus of having the streaming field virtually to itself, Netflix now faces historic levels of competition. Disney and other media and tech rivals have narrowed the gap, making for a rocky 2022 marked by subscriber and stock price declines. Yet Netflix has one thing its competitors will never have, and…

Coming off a better quarter than anticipated, Netflix founder Reed Hastings today was showing some swagger again and a lot of gratitude to the first part of Stranger Things‘ latest season. "Streaming is working everywhere, everyone's pouring in," the co-CEO said Tuesday following the company's second quarter results…

Netflix’s fabled “culture deck,” which over the years has taken on the importance of the Magna Carta in tech and business circles, has gotten some updates reflecting the streaming giant’s current circumstances. The document, which is based on a PowerPoint deck created by Co-Founder and Co-CEO Reed Hastings, lays out…

Netflix is intensifying its surprisingly sudden embrace of advertising, signaling to employees that it may roll out a cheaper, ad-supported tier of its streaming service by the end of 2022. The new potential timeline would be considerably faster than the 1-to-2-year forecast the company offered last month in a…

Netflix has opened an office in Italy and unveiled a huge slate of scripted and unscripted series and films from many of the country's biggest producers, with Co-CEO Reed Hastings detailing the streamer’s roots in the nation. Located in the heart of Rome, the office will house around 70 staff and adds to Netflix's…

A crew of sober Netflix execs said a password-sharing crackdown on the army of 100 million viewers who use the service for free is front and center and being tested but could take about a year to roll out, and it's not clear what it will look like. "We've just got to get paid for them to some degree for them,"…