Reed Hastings played a big role in shaping Netflix into the streaming giant we know today. He co-founded the company back in 1997, directing it through major shifts in the entertainment industry. In 2023, Hastings stepped down as co-CEO and...
Reed Hastings played a big role in shaping Netflix into the streaming giant we know today. He co-founded the company back in 1997, directing it through major shifts in the entertainment industry. In 2023, Hastings stepped down as co-CEO and took the role of Executive Chairman, focusing more on strategy and growth. His leadership helped Netflix hit over 260 million subscribers and hit about $33.7 billion in revenue by the end of 2023. In 2022, his compensation stood out at over $51 million, primarily from stock options. Hastings’s deep understanding of technology and media has kept Netflix innovative, allowing the company to adapt and thrive in tough market conditions. He holds a degree in Computer Science from Stanford, tying his tech expertise into the business.