Reed Hastings
Courtesy of Netflix
United States
2020

Netflix

Reed
Hastings

Founder / CEO

While traditional studios saw revenues plummet during COVID’s theater closings, Hastings benefited from shelter-in-place orders that spiked Netflix subscriptions, at least temporarily muting concerns about the streaming giant’s debt load. He picked a good time to raise his profile with his book “No Rules Rule,” revealing the distinctive corporate culture he so assiduously cultivated. He also welcomed longtime lieutenant Ted Sarandos as his co-CEO in 2020. In the meantime, Hastings is sharing his good fortune, personally donating $30 million to Gavi, the Vaccine Alliance, and $120 million to fund scholarships at historically Black colleges, while Netflix pledged $150 million to industry workers out of work due to COVID.

Career

  • Netflix

Education

  • Stanford University (CA, USA)
  • Bowdoin College (ME, USA)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
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Netflix may be finally getting serious about cracking down on password sharing.The streaming giant in the past week launched a new test that displays a warning to some users that says, "If you don't live with the owner of this account, you need your own account to keep watching." Per Netflix's terms of service, a customer's account for the streaming service "may not be shared with individuals beyond your household."In the Netflix test, the prompt provides three options to users:...

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