Reed Hastings Latest Celebrity News & Gossip

Netflix has hired former Facebook and Electronic Arts exec Mike Verdu to bolster its move into gaming. He joins as VP of Game Development, Deadline has confirmed.

Todd Spangler NY Digital EditorCould a Netflix board seat be in WarnerMedia chief Jason Kilar’s future?Reed Hastings, Netflix’s co-founder, chairman and co-CEO, posted a public appeal to Kilar to join the streaming giant’s board of directors on Thursday.Kilar, who joined WarnerMedia in May 2020, is widely believed to be looking to leave the company following AT&T’s spinoff of the media conglomerate — to merge with Discovery.

Reed Hastings, the co-CEO of Netflix, has shelled out a whopping $3 million to a fund opposed to the recall of California Governor Gavin Newsom.

Netflix co-CEOs Reed Hastings and Ted Sarandos each saw their compensation rise in 2020, as the pandemic pushed Netflix to new subscriber heights. Hastings earned $43.2 million, compared tothe $38.6 million package that hemade in 2019.

Netflix co-CEOs Reed Hastings and Ted Sarandos earned, respectively, $43.2 million and $39.3 million in 2020. The pay was up for both. Chairman and founder Hastings earned $38.6 million the year before, when Sarandos took home $34.7 million.

Brent Lang Executive Editor of Film and MediaIt was a good year to run a streaming service.Netflix co-CEOs Reed Hastings and Ted Sarandos earned $43.2 million and $39.3 million, respectively, in 2020, representing sizable pay increases for the two men.Hastings, who also serves as the company’s chairman, earned $38.6 million in 2019 and $36 million in 2018.

Netflix knows you’re a thief. The streaming service knows you’ve been using the login information given to you from your friend, co-worker, parents, or ex-partner.

Netflix has been tightening its controls on password-sharing, a shift that could reap billions in previously lost revenue, but the company acknowledges it is a delicate process.

Netflix scored a big haul of Oscar nominations this year – 35 in total – putting the streamer in the top three for a studio in the history of the awards.

Is Netflix making an aggressive move into the video game business? There was definitely some talk on the company’s latest earnings call to back up all of the smoke that has been rising in Hollywood.

Todd Spangler NY Digital EditorNetflix veteran Jessica Neal is leaving the company, after leading the company’s HR, recruiting, culture and coaching teams since 2017.The company didn’t provide a reason for her departure.

Netflix's better-than-expected fourth-quarter subscriber additions and improved free cash flow forecast led several Wall Street analysts on Wednesday to boost their price targets for the global streaming giant's shares, with at least two also upgrading their stock ratings.

How do you know that Disney has become a major player in the world of streaming? Well, on the day that Netflix announces passing 200 million subscribers worldwide, the streaming service still has to talk about the Mickey Mouse-shaped elephant in the room. According to Deadline, during a recent investor’s meeting/interview, Netflix co-CEO, Reed Hastings, was asked about his seemingly biggest competition right now, Disney+.

It’s a streaming world, and we’re just living in it.

Ahead of its fourth-quarter results later on Tuesday, global streaming giant Netflix said original series Lupin, starring Omar Sy, has become "our biggest French hit." The company, led by co-CEOs Reed Hastings and Ted Sarandos, is forecasting that the crime drama, which debuted on the service on Friday, would be viewed by 70 million subscribers within its first 28 days. It has "already ranked no.

After price increases in Canada and the U.S., Netflix is also rolling out price hikes for existing subscribers in the U.K. from this week.

Hillary Clinton, Alec Baldwin and Reed Hastings, the Netflix chief executive.At the screening, Fogel implored media companies not to be scared off. “In my dream of dreams, distributors will stand up to Saudi Arabia,” he said.

Netflix co-CEOs Reed Hastings and Ted Sarandos will see their 2021 compensation unchanged from 2020. The executives are expected to earn $34,650,000 each next year, according to a regulatory filing that was published Dec.

Chairman and co-CEO Reed Hastings is set to receive $34 million worth of stock options and a salary of $650,000 for 2021, Netflix said in a SEC filing Monday.

the Securities and Excahange Commission on Monday. Don’t worry, though, they’re still doing pretty well.Between their salaries and stock options, Hastings and Sarandos will both earn $34.65 million in 2021 — putting them on par with their 2020 pay, which was a 10% boost from the year prior.

Cynthia Littleton Business EditorNetflix’s Ted Sarandos, Reed Hastings and other top Netflix corporate executives will not receive salary increases in 2021.Netflix disclosed Monday in a Securities and Exchange Commission filing that Sarandos, Netflix’s co-CEO and chief content officer, will see his 2021 salary stay the same as 2020 at $20 million.

The Sundance premiere of The Dissident had all the trappings of a successful debut for a film seeking distribution: glowing reviews, the endorsement of personalities including Hillary Clinton and Alec Baldwin, and major industry figures populating the audience, including Netflix CEO Reed Hastings. But following the documentary's first Park City screening in January, director Bryan Fogel — who in 2018 won an Oscar for Icarus, which Netflix distributed in the U.S.

Netflix has found a replacement for Susan Rice on its board of directors, tapping Africanbillionaire and telecom mogul Strive Masiyiwa for the role. "We are delighted to welcome Strive to the Netflix board," Netflix co-founder, chairman and co-CEO Reed Hastings said in a statement.

Zimbabwean billionaire Strive Masiyiwa, who founded telecom giant Econet Global, has joined the board of directors at Netflix.

Susan Rice will step down from the board of directors of the streaming giant Netflix to join the administration of President-elect Joe Biden. "We are grateful to Susan Rice for her many contributions on our board and congratulate her on her return to public service," said Netflix chairman and co-CEO Reed Hastings in a statement to The Hollywood Reporter.

Susan Rice, the former U.S. National Security Advisor and Ambassador to the United Nations under President Barack Obama, will exit the board of Netflix to join the Biden administration.

Sure, they have the launch of The Surgeon’s Cut tomorrow, but some weeks it kind of bites to be Netflix.

She may not (yet) be a household name, but Patricia Quillin was a force in some of California’s historic political races on the Nov. 3 ballot. Although she’s a philanthropist, activist and film producer, Quillin is best known as the wife of billionaire Netflix chairman and co-CEO Reed Hastings.

Netflix bosses Reed Hastings and Ted Sarandos are weighing in on the recent spate of executive exits at the streaming service. After promoting former local language originals vp Bela Bajaria to global TV chief last month, the company said goodbye to three high-ranking execs: English language originals head Cindy Holland, drama exec Channing Dungey and comedy vp Jane Wiseman.

Todd Spangler NY Digital EditorNetflix bid farewell to several senior programming executives in recent weeks — and the company’s two co-CEOs, Reed Hastings and Ted Sarandos, maintained that the turnover is business as usual for the streamer.In September, Sarandos named Bela Bajaria VP of global TV, while VP of original content Cindy Holland was given the “Keeper Test” after 18 years at the company.

Dade Hayes Finance EditorNetflix Co-CEOs Reed Hastings and Ted Sarandos tackled a range of topical issues as they offered context for their less-than-expected gain in subscribers during the third quarter.During their quarterly earnings interview posted to YouTube, Hastings was asked by moderator and Barclays analyst Kannan Venkateshwar about how the lack of a Stranger Things-type blockbuster affected the subscriber showing.

Dominic Patten Senior Editor, Legal & TV CriticA Lone Star state grand jury has indicted Netflix over the controversial Cuties film.According to the September 23 indictment out of Tyler County, Texas, the Reed Hastings and Ted Sarandos-run streamer “knowingly promote visual material which depicts the lewd exhibition of the genitals or pubic area of a clothed or partially clothed child who was younger than 18 years of age at the time the visual material was created, which appeals to the prurient

Peter Bart Editor-At-LargeThe memoirs and random ruminations of corporate leaders rarely find their way into the public conversation, but rules change when Netflix is involved. Tuesday marked the publication day of Reed Hastings’ book in which the co-CEO warned that no company employee at any level should assume job security.

Talk to Netflix co-CEO Reed Hastings for more than a few minutes and he’s bound to bring up Disney. Hastings has got the entertainment giant in his line of sight as he plots Netflix’s ascendance to the top of the Hollywood food chain.

Squawk Box, co-CEO Reed Hastings said the Sussexes' shows and movies will be "some of the most exciting, most viewed content next year." News broke last week that Meghan and Harry signed a multiyear deal with Netflix to produce feature films, documentaries and docuseries, children's programming, and scripted shows for the platform. "It's gonna be epic entertainment—so excited about that deal," Hastings said, as People reports.

If you believe reports and speculation that is consistently floating around social media and general film discourse, you may believe that Netflix is the biggest enemy of the theatrical experience and the streaming platform is hellbent on destroying the big screen and forcing us all to watch films on our smartphones. Well, in a new interview with THR, Netflix CEO Reed Hastings takes issue with that presumption and actually explains what Netflix truly aims to do—present options.