{"id":22739,"date":"2026-04-17T08:37:18","date_gmt":"2026-04-17T06:37:18","guid":{"rendered":"http:\/\/costops.com\/index.php\/2026\/04\/17\/netflix-co-founder-reed-hastings-to-leave-streaming-service\/"},"modified":"2026-04-17T08:37:18","modified_gmt":"2026-04-17T06:37:18","slug":"netflix-co-founder-reed-hastings-to-leave-streaming-service","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/04\/17\/netflix-co-founder-reed-hastings-to-leave-streaming-service\/","title":{"rendered":"Netflix co-founder Reed Hastings to leave streaming service"},"content":{"rendered":"<p>Chair\u2019s decision to not seek re-election \u2018not as a result of any disagreement\u2019, company says in filing<\/p>\n<p>Reed Hastings, the Netflix chair, is leaving the streaming service he co-founded nearly 30 years ago as the company regains its footing after losing out on a $72bn (\u00a353bn) deal for Warner Bros Discovery.<\/p>\n<p>In a 14-page letter to investors released on Thursday, Netflix said Hastings would not stand for re-election at its annual meeting in June and planned to focus on philanthropy and other pursuits.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/media\/2026\/apr\/16\/netflix-chair-reed-hastings\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/7a47720fae3a21acf2281b16b7308a5a498acb5b\/188_0_5600_4480\/master\/5600.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=ecd0d4eb3867daf9c20f9a6714490423\" title=\"Netflix co-founder Reed Hastings to leave streaming service\" \/>Chair\u2019s decision to not seek re-election \u2018not as a result of any disagreement\u2019, company says in filing<br \/>\nReed Hastings, the Netflix chair, is leaving the streaming service he co-founded nearly 30 years ago as the company regains its footing after losing out on a $72bn (\u00a353bn) deal for Warner Bros Discovery.<br \/>\nIn a 14-page letter to investors released on Thursday, Netflix said Hastings would not stand for re-election at its annual meeting in June and planned to focus on philanthropy and other pursuits. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chair\u2019s decision to not seek re-election \u2018not as a result of any disagreement\u2019, company says in filing Reed Hastings, the Netflix chair, is leaving the streaming service he co-founded nearly 30 years ago as the company regains its footing after losing out on a $72bn (\u00a353bn) deal for Warner Bros Discovery. In a 14-page letter &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/04\/17\/netflix-co-founder-reed-hastings-to-leave-streaming-service\/\"> <span class=\"screen-reader-text\">Netflix co-founder Reed Hastings to leave streaming service<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":22740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22739"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=22739"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/22739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/22740"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=22739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=22739"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=22739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}