Page 9 - Pure Software News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Netflix Chief Reed Hastings collects US$225 million in stock sale Simon Hunt, Bloomberg News Netflix Inc.’s Reed Hastings just pocketed US$225 million from a stock sale, the latest in a series of such transactions the billionaire has made this year totaling US$616 million. Hastings has collected enough cash in 2020 to produce all four seasons of “The Crown,” at least six seasons of “Game of Thrones” or the equivalent of about 4.7 million annual Netflix subscriptions, based on average monthly subscription costs. The sales, the latest of which was Dec. 21, were made as ...

The stock sales were made as part of a trading plan. 23 Dec, 2020 - 08:24 PM IST     |     By indiantelevision.com Team     MUMBAI: Netflix co-chief executive officer Reed Hastings has collected $225 million from a stock sale, the latest in a series of such transactions the billionaire has made this year, totalling $616 million. A Bloomberg Quint report states that Hastings has cashed in enough moolah in 2020 to produce all four seasons of marquee series The Crown, all six seasons of Peaky Blinders, or the equivalent of about 4.7 million annual Netflix subscriptions, based on aver...

Far this year. subscriber growth a three-year high and so is customer satisfaction. behind the streaming service, founder add ceo reed hastings a man who changed the way we watch television. ♪ >> reporter: maybe you know frank underwood? >> democracy is so overrated. >> reporter: piper chapman and michael bluth. >> not a great sign. >> reporter: what about the man who started it all. netflix ceo and co-founder reed hastings. he did a stint in the peace corps. >> teaching high school math and i loved it. >> reporter: at age 30 started his first company. pure software and made a debugging tool...