Netflix to offer $11.99 plan, will allow four simultaneous streams

netflix

Those with big families or lots of movie-loving friends might enjoy this: Netflix will offer a $11.99/month plan that allows for four simultaneous streams. At $8/month, users can currently stream two movies or TV shows at the same time. But in Netflix’s earnings report, CEO Reed Hastings announced the new plan today: A few members with… Read More…

Outgoing board member Reed Hastings on the hurdles facing Microsoft’s Steve Ballmer

Reed Hastings

Netflix CEO Reed Hastings is stepping down from the Microsoft board later this month at the company’s annual meeting. And while the departure will unlikely be marked by any sort of fanfare, Hastings is providing a bit of analysis about Microsoft as it enters one of the most critical chapters in its history. A board… Read More…

Netflix CEO: Amazon Prime video a ‘confusing mess’

Reed Hastings

It looks like Jeff Bezos & Co. have finally gotten Reed Hastings’ attention, or at least gotten Hastings to show that he’s feeling the competitive heat. The Netflix CEO previously made a habit of downplaying the competition from Amazon.com in the online video market, saying as recently as July that his company had yet to… Read More…

Tech CEO report card: Approval ratings drop for Ballmer, Bezos and others

Steve Ballmer was on the hot seat in 2011

Glassdoor.com is rolling out its annual “Naughty and Nice” list for technology CEOs. And, as it turns out, it looks like some of the biggest names in tech will be getting a big lump of coal in their stockings. It was an especially tough year for some Seattle tech CEOs. The approval ratings of Microsoft CEO… Read More…

Reed Hastings, John Doerr and others invest $11 million in DreamBox Learning

Out with the old.

Netflix CEO Reed Hastings and venture capitalist John Doerr are among the backers pumping $11 million into DreamBox Learning, the Bellevue online education company that creates tailored lesson plans for elementary school kids. Other investors in the round include GSV Capital and current investor Deborah Quazzo. “DreamBox Learning has cracked the code on improving early educational… Read More…

Netflix to spin off DVD mail business as Qwikster; CEO Reed Hastings admits he ‘messed up’

Reed Hastings

It is pretty rare to see this type of mea culpa in the tech industry. But Netflix CEO Reed Hastings just said in a blog post that he “messed up” in how the company communicated recent price increases to customers. The remarks come as the company announces plans to spin off its DVD mail order business… Read More…

Tech Moves: Reed Hastings hands over chairman reins at DreamBox Learning; and more

Reed Hastings

Reed Hastings is one busy guy. In addition to running Netflix, the Internet entrepreneur also serves on the boards of Microsoft and Facebook. But most folks probably don’t know about Hastings’ involvement in a tiny Bellevue educational software company called DreamBox Learning, which he helped acquire last year. Now, Hastings has handed over the chairman… Read More…

Netflix CEO Reed Hastings on his Microsoft board position, Steve Ballmer dustup

Is Reed Hastings looking to sell Netflix and its streaming video business?

Following Google chairman Eric Schmidt’s digs at Microsoft last night, the Redmond company continued to serve as a subplot at the D9 conference this morning. During an on-stage interview with Netflix CEO Reed Hastings — a member of Microsoft’s board for the past several years – AllThingsD.com’s Kara Swisher asked for his take on hedge fund… Read More…