Reed Hastings

Netflix CEO Reed Hastings on competition with Amazon and what’s next with game consoles

While his company’s stock is still rising in after hours trading, and looks like it may top $400 a share on its latest quarterly earnings report, Reed Hastings doesn’t seem that excited. On a video call with analysts following the company’s quarterly earnings disclosures, Hastings seemed cool, collected and confident, but not eager. Netflix is… Read More

netflix-image1

Netflix posts $1.1B in revenue and tops 40 million subscribers: Stock soars as CEO Reed Hastings warns of ‘euphoria’

Online streaming titan Netflix has a lot to be happy about. This year, original shows that the company produced received 3 Emmy awards, including a Best Director win for “House of Cards” director David Fincher, the first time any show has won a Primetime Emmy without ever having aired on television first. “Orange is the… Read More

Reed Hastings

Netflix CEO: Amazon Prime video a ‘confusing mess’

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

Out with the old.

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

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

Reed Hastings

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

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