Netflix co-CEO Reed Hastings steps down, as platform gains more subscribers in Q4

Netflix co-CEO Reed Hastings steps down, as platform gains more subscribers in Q4

Netflix founder Reed Hastings. File. | Photo Credit: AP Netflix’s founder Reed Hastings on January 19 announced that he will be stepping down from his position as the co-Chief Executive Officer of the company. Greg Peters will step up from Chief Operating Officer to become the co-CEO alongside Ted Sarandos, the announcement read. In a […]

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Netflix to acquire Australian animation studio Animal Logic

Netflix to acquire Australian animation studio Animal Logic

The move will accelerate Netflix’s efforts to build end-to-end animation production capabilities The move will accelerate Netflix’s efforts to build end-to-end animation production capabilities Netflix Inc plans to acquire Sydney-based Animal Logic, an animation studio that has worked on hits from “Happy Feet” to “The Lego Movies,” the companies said in a statement on Tuesday. […]

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