Netflix’s Co-Founder Reed Hastings Announces He is Stepping Down

Netflix’s co-founder Reed Hastings will depart from the company’s board of directors in June when his current term expires, marking a significant milestone in the streaming giant’s nearly three-decade history. The announcement came alongside Netflix’s first-quarter 2026 earnings report, which showed solid financial performance but triggered an immediate negative reaction from investors due to softer […] The post Netflix’s Co-Founder Reed Hastings Announces He is Stepping Down appeared first on Cord Cutters News.