News > Netflix co-founder Reed Hastings resigns as company gains subscribers

Netflix co-founder Reed Hastings resigns as company gains subscribers

20/01/2023 12:37 PM | Click to read full article

Netflix co-founder Reed Hastings has stepped down from his role as the CEO and appointed a new CEO. Interestingly, the news about his resignation comes around the same time Netflix announced a subscription gain. Netflix shocked analysts by clocking more than 7 million subscribers at the end of last year. Harry and Meghan's explosive web series was a major draw. Starting today, Greg Peters will step up from COO to become Ted's co-CEO.

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