It’s truly the end of an era.
Reed Hastings is leaving Netflix, the media pioneer he co-founded 29 years ago.
“Netflix changed my life in so many ways, and my all‑time favorite memory was January 2016, when we enabled nearly the entire planet to enjoy our service,” the current chairman of the streaming giant said today as his exit was announced with the company’s latest earnings results.
Having stepped back significantly in recent years to focus on real estate initiatives and philanthropic endeavors, Hastings will not be standing for re-election to the Netflix Board at the annual meeting in June. That month is actually when Hastings’ present term expires – end of game for a true Hollywood game changer.
An SEC filing Thursday made sure to bleach any drama (WBD pursuit or otherwise) out of Hastings’ departure. “Mr. Hastings’ decision to not stand for
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