Reed Hastings stepping down as Netflix co-CEO

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Reed Hastings stepping down as Netflix co-CEO
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Netflix's Reed Hastings stepping down as company posts best subscriber numbers in a year

Ernesto S. Ruscio/Getty Images / Netflix

Some big news out of Netflix tonight—at least, for the kind of nerds we’re forced to be, who have to care about who, say, runs Netflix—as company co-founder Reed Hastings announced during an earnings call today that he’d be stepping down as co-CEO of the company, a role he’s shared with chief content officer Ted Sarandos for the last 2.5 years.

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