Netflix announced that Reed Hastings — seen here in January 2020 — has stepped down as co-CEO of the company he co-founded.
SAN FRANCISCO: US streaming giant Netflix ended last year with more than 230 million global subscribers, it said Thursday, beating analysts’ expectations as hits such as “Wednesday” and “Harry & Meghan” enticed new viewers.
“2022 was a tough year, with a bumpy start but a brighter finish,” the company said in a letter announcing bumper fourth quarter earnings.
Netflix also announced that co-founder Reed Hastings was standing down as CEO, ending a 25-year leadership that saw the company grow from a rent-by-mail DVD service to an entertainment juggernaut.
Hastings ceded control of Netflix to his two longtime…
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