Reed Hastings Steps Aside as Netflix CEO

The transcript discusses Netflix's recent performance, highlighting a significant increase in subscribers and a focus on profitability. Leadership changes are noted, with Reed Hastings stepping down as CEO and Greg Peters becoming Co-CEO alongside Ted Sarandos. Netflix's strategic initiatives, such as an ad-supported tier and password sharing crackdown, are explored. The importance of international content and leadership promotions within the company is emphasized. Additionally, the transcript touches on investor expectations and competition in the streaming market.

What was the subscriber growth for Netflix compared to the estimate?

• 5 million subscribers, on par with estimate

• 6 million subscribers, below estimate

• 7.66 million subscribers, above estimate

• 4.5 million subscribers, below estimate

What role does Greg Peters play in Netflix's leadership?

• Head of Marketing

• Solo CEO

• Co-CEO with a focus on operations

• Chief Financial Officer

What is a key focus area for Netflix's growth strategy?

• Reducing subscription prices

• Domestic content production

• International development and content

• Acquiring smaller streaming platforms

What is Netflix's projected free cash flow for the year?

• $4 billion

• $3 billion

• $2.32 billion

• $2 billion

Who was promoted to Chief Content Officer at Netflix?

• Greg Peters

• Bella Bajaria

• Reed Hastings

• Ted Sarandos