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Netflix Executive Chairman Reed Hastings is set to receive a $500,000 salary and $2.5m in stock this year

Netflix shareholders withhold support for bosses pay

Netflix shareholders have withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation.

Business • 02 Jun 23

Netflix co-founder and CEO Reed Hastings to step down

Netflix co-founder Hastings steps down as CEO

Netflix co-founder Reed Hastings has stepped down as chief executive of the company that upended Hollywood by delivering movies and TV shows online.

Business • 20 Jan 23

Netflix has previously said it was comfortable with users sharing their passwords

Netflix testing feature which may end password sharing

Netflix is testing a feature which may lead to a crackdown on users sharing their passwords.

Business • 12 Mar 21

Netflix said its global subscriber numbers crossed 200 million at the end of 2020

Netflix added more subscribers than expected in Q4

Netflix said last night that its global subscriber numbers crossed 200 million at the end of 2020 and projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies.

Business • 20 Jan 21

Netflix CEO Reed Hastings said he has no plans to leave the company soon

Netflix forecasting weaker growth ahead

Netflix has elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.

Business • 17 Jul 20

Netflix said it expects to add around seven million new subscribers in the first quarter of 2020

Netflix ramps up subscribers, but sees slower growth

Netflix said last night that it added millions of new subscribers globally over the past quarter as it prepared up for a tougher competitive landscape, but scaled back its outlook for early 2020.

Business • 22 Jan 20

Netflix said it added 6.8 million subscribers worldwide to reach a total of 158.3 million.

Netflix revs up growth as streaming TV war looms

Netflix shares rallied last night after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war.

Business • 17 Oct 19

Netflix said revenue for the recently ended quarter grew 26% from a year ago to $4.9 billion and profit fell 29% to $271m.

Netflix shares slide on disappointing subscriber growth

Netflix shares plunged in after-hours trade on Wall Street last night after its quarterly update showed weaker than expected subscriber growth for the streaming television sector leader.

Business • 18 Jul 19

Netflix said picked up 6.36 million subscribers in international markets from October to December

Netflix crosses $100 billion market capitalisation

Netflix shares jumped on Wall Street today after the company said it added two million more subscribers than Wall Street expected in the final three months of 2017.

Business • 23 Jan 18

Reed Hastings