Netflix-Login.com is obsessed about covering all things Netflix. Ever wanted to know more about the man who makes Netflix possible? Reed Hastings is the CEO and founder of Netflix. Reed is widely acclaimed for being a media visionary and fearless entrepreneur who has brought Netflix from a mail order DVD business to the most widely used service on the internet. Did you know what Netflix is the largest consumer of bandwidth in the US at peak hours? Here is a brief biography and profile on Reed Hastings, CEO of Netflix from the netflix.com website:
Reed Hastings co-founded Netflix as a DVD rental by mail company in 1997. In 2002, Netflix went public, and in 2003, Netflix crossed the 1 million subscriber mark. Netflix began streaming content over the internet in 2007, and today has over 16.9 million subscribers, most of which use Netflix streaming more than DVD.
In 2005, Time magazine added Reed to its “Time 100″ list of the 100 most influential global citizens. Newsweek wrote that “Netflix revolutionized the way we watch movies.”
In 2007, Reed was appointed to Microsoft’s board of directors and he was inducted into the Video Business Hall of Fame.
In 2010, Barron’s added Reed to its 30 most respected CEOs list, and in a Fortune magazine cover story he was named “Business Person of the Year.”
Earlier in his career, in 1991, Reed founded Pure Software, which made tools for Unix software developers. He built Pure into one of the world’s 50 largest public software companies before selling it to Rational Software in 1997.
Reed is an active educational philanthropist and board member of many non-profits. In addition, he was President of the California State Board of Education from 2000 to 2004. He has led successful statewide political campaigns for more charter public schools and easier passage of local school bonds.
Reed received a BA from Bowdoin College in 1983 and an MSCS in AI degree from Stanford University in 1988. Between Bowdoin and Stanford, Reed served in the Peace Corps as a high school math teacher in Swaziland. He is married and has two teenaged kids.
So what about the punch line? How many shares of Netflix does Reed Hastings hold? If you know the net worth of Reed Hastings, please paste below.
I will cancel my account if I AM CHARGED MORE THAN 7.99 FOR MY MOVIES
The recent change in the rental plans and pricing are excessive and uncalled for. There are other, more cost efficient, options out there for renting videos and this change will result in the demise of Netflix
I will be forced to cancell my acct. This is totally unacceptable. Your selection of movies and tv is not worth the new price….HELLO WALMART. You are going to loose your ass
My wife and I are both retired and on social Security. This was the only way we could enjoy our movies and stay on bugdet
I thought I could enjoy family entertainment at a low cost. But now I don’t have to be with netflix when there other ways of watching movies from other sources at a lower price or with better reception. Greed is very bad,
I will not pay the new price.
I will cancel my if prices increase! Not only are we loosing the streamlining and now you want to increase the monthly rates?!! I will just go to red box and get my movies and cancel netflix if prices increase!
I joined Netflix because of the low cost of entertainment for my Family of 7. After getting your E-mail that your pricing would change for the option that I have chosen. I took time to think it over, and looked at what I was getting for my money. At the present price, I feel that I am getting a decent deal for what I get from your company, even though the streaming part of your company is less than desired with poor quality picture and the constant issue with interruption of streaming. I think that I will have to look at different avenues for my family entertainment if the price is to increase. Your service time with DVD’s is very good and by far is the best part of your service compared to some other companies that I have gone through, but to be honest with you it’s not worth the extra money that your asking for. In conclusion, I will be forced to look elsewhere for my entertainment needs for my family if I have to pay more for this service that you provide. I hope that you make the best choice for your loyal customers who have nothing but boosted about you and your company to Friends and Family. Sincerely Doyle S.
Many are old movies and low budget, few good options… and increase the price now ???? the DVDs are limited,… what the hell are they thinking??? Does best …. go with RED BOX
I think the Netflex increase was in poor taste, in lue of our bad ecconomy…People today are loosing homes at record rates…I am on Social Security Disability , and haven’t seen an income increase in over three years….Netflex will go the same as Block Buster belley up…It appears that these corporite giants seem to forget how they got there…There are several choices for DVD rentals in our area…Netflex was a good deal…NOW IT SUCKS!!!!! WE THE CUSTOMERS NEED TO BOYCOT THEM…WHAT ARE THEY GOING TO DO WITH ALL THOSE UNRENTED DVDS WITHOUT ANY CUSTOMERS….A small increase would have been ok,,,