Netflix shareholders have voted to reject the lucrative pay plans of the company’s top executives, including the co-CEOs Ted Sarandos and Greg Peters. The vote can be overruled by the company’s board of directors the next time it meets. The vote came days after the Writers Guild of America, sent a public letter urging the […]

Speaking at Mobile World Congress in Barcelona, Netflix Co-CEO Greg Peters talked up the streamer’s huge investments in creative content, and claimed an ‘entertainment tax’ on the company – and its rivals – would be damaging to the creative industry, as well as broadband providers and consumers. The concept of ‘fair share’ levies on the […]

Reed Hastings has become Executive Chairman of Netflix, with Greg Peters stepping up from COO to become Ted Sarandos’s co-CEO, and a member of the Netflix board. The news came as the streaming giant revealed Q4 2022 numbers that exceeded its forecast. “I want to thank Reed for his visionary leadership, mentorship and friendship over […]