News Summary

• Reed Hastings, co-founder of Netflix, is set to leave the company after nearly 29 years.
• The announcement comes as part of the company’s latest update, confirming that he will step away from his role in June.
• This brings a close to his nearly 29-year-long tenure at the streaming giant.
• The executive said, “Netflix changed my life in so many ways, and my all-time favorite memory was January 2016, when we enabled nearly the entire planet to enjoy our service”