Reed Hastings lùi lại

ko còn làm co-ceo nữa,

mà làm executive chairman,
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For 25 years, Reed Hastings was not only Netflix’s co-founder (đồng sáng lập), but also its most visible cheerleader and advocate. Yesterday he announced that he would relinquish his co-C.E.O. title to a top deputy and become executive chairman.

...Over the past year, the company has sought to reassure investors about a number of issues, including:

  1. Slowing growth, plus an actual drop in subscriber numbers last year, which drove a sharp slide in its stock.
  2. Advances by rivals like Disney and Amazon, a tough thing to swallow for a company that regularly says its main competition includes sleep (cạnh tranh với 'giấc ngủ').
  3. Its own multibillion-dollar debt-financed binging on content production (sản xuất nội dung dựa trên vay nợ hàng tỷ đô la), without a clear sense of the return on that investment.
Those challenges prompted Hastings, who said he had been largely delegating day-to-day management over the past two-and-a-half years, to become more hands-on again. (His reasserted presence was also seen as important as Netflix began taking steps it had long dismissed as unnecessary, like launching the cheaper, ad-supported service (phiên bản có quảng cáo, giá rẻ hơn) and cracking down on password sharing (chia sẻ mật khẩu).)

Tags: finance

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