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Unveiling the Untold Story: Inside the Fascinating Evolution of Netflix tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
How Netflix went from DVDs in the post to a billion dollar streaming giant after being snubbed by Amazon and Blockbuster manchestereveningnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manchestereveningnews.co.uk Daily Mail and Mail on Sunday newspapers.
Netflix co-founder Reed Hastings recently announced his decision to step down from the company as co-CEO. The decision preceded almost a whole year of bad financial reports. Now, Greg Peters, the former COO, will be the new co-CEO in his stead and run the company with Ted Sarandos. Over the last year, the streaming giant has faced financial woes one after another, though there have been reasons to celebrate as well. We do now know for sure whether Netflix's losses over the last year still played a part in Hastings' sudden decision. But it is likely that is the case. ....