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Netflix CEO Reed Hastings leaves Facebook board

Netflix CEO Reed Hastings, who had been on Facebook’s board since 2011, will not run for re-election at the company’s annual shareholder meeting, which is scheduled for 30 May. The social media giant had announced his departure on Friday afternoon, according to reports.

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Netflix testing Rs 250 mobile-only subscription in India

Giant video-streaming service Netflix is believed to be experimenting with a mobile-only subscription for a select group of users in India. Rs 250 per month is what the streamer is hoping to charge for its mobile-only plan, half of its Rs 500 entry-level subscription price in the country.

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Netflix CEO Reed Hastings on competition and content creation in India

With Amazon flexing its muscle and soon to be Disney-owned Hotstar in the fray, the Indian OTT market is super competitive and exciting, feels Netflix CEO Reed Hastings. "There is also lots happening on Amazon, and on Hotstar, which is now going to be owned by Disney... It's a super competitive,...

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Spencer Neumann appointed Netflix CFO

Spencer Neumann will be joining Netflix as chief financial officer, the company has confirmed. Before this, Neumann was CFO of Activision Blizzard and is also equipped with experiences from senior positions at The Walt Disney Company.

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Netflix CEO excited about Disney’s entry into OTT

Netflix has a new market threat – the upcoming streaming service Disney+. Despite all the market speculation, Netflix CEO Reed Hastings seems calm and relaxed.

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