Netflix cofounder Hastings to step down after it lost Warner Bros deal

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Al Jazeera (EN) - All 6 days ago • aljazeera.com

Netflix cofounder Hastings to step down after it lost Warner Bros deal

The company’s stock plunged about 8 percent on the news of Hastings’s departure. Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost…

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