Netflix co-founder Reed Hastings to leave streaming service
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Chair’s decision to not seek re-election ‘not as a result of any disagreement’, company says in filingReed Hastings, the Netflix chair, is leaving the streaming service he co-founded almost 30 years ago as the company regains its footing after losing out on a $72bn (£53bn) deal for Warner Bros Discovery.In a 14-page letter to investors released on Thursday, Netflix said Hastings would not stand for re-election at its annual meeting in June and planned to focus on philanthropy and other pursuits.
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