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Netflix cofounder Hastings to step down after it lost Warner Bros deal
The company's stock plunged about 8 percent on the news of Hastings's departure.
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forbes.com
Netflix Beats Expectations As Cofounder Reed Hastings Steps Down From Board
Netflix shares still plunged after beating first quarter revenue expectations.
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cnbc.com
Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.
