Netflix founder Reed Hastings is stepping down as CEO just over 20 years after WIRED published a story about a young founder of a DVD business with big dreams of taking on the Blockbuster juggernaut.
Read the feature from 2002: wired.trib.al/VA8hJWq
📸: Getty
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Here’s how Netflix ended in 2022:
The company added 7.66 million subscribers in the final quarter
Revenue, at $7.85 billion, was in line with estimates
Earnings, at 12 cents per share, fell well below the same period a year ago trib.al/yzEs99R
The company added 7.66 million subscribers in the final quarter
Revenue, at $7.85 billion, was in line with estimates
Earnings, at 12 cents per share, fell well below the same period a year ago trib.al/yzEs99R
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End of an era for #Netflix.
After losing 38% of their share price last year, they do seem to be on an upward trend this year though...
New year New Netflix?
#MoneyDubai
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kinda miss those days. the netflix dvd service was they would send you 2 dvds from your list of movies at a time, and after you sent them back, they would send 2 more. however, somehow we got three. then four. then five, and finally six at a time. made watching fullmetal a breeze
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