Netflix Surprises With a Subscriber Beat and Hastings Steps Back


posted far better-than-envisioned subscriber progress in the fourth quarter, incorporating 7.66 million net new subscribers, properly forward of the 4.5 million the corporation had projected.

The firm also introduced that founder and co-CEO Reed Hastings was relocating to the govt chairman job to “complete our succession method.” Netflix claimed that Main Operating Officer Greg Peters will be a part of Ted Sarandos as co-CEO of the organization.

#Netflix #Surprises #Subscriber #Conquer #Hastings #Techniques

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *