Reed Hastings, one of Netflix’s founders, is giving up his co-CEO title and transitioning into the role of executive chairman. The company announced the news in a letter to shareholders along with its Q4 earnings on Thursday. Hastings spent 25 years building Netflix into the streaming giant it is today, transitioning it from a DVD…

(SOURCE) https://www.adweek.com/convergent-tv/netflix-founder-reed-hastings-gives-up-his-role-as-co-ceo/