Facebook's move is a sign that it's serious about what could be a $100-billion initial public offering next year. Hastings guided the DVD rental service that he founded through an IPO in 2002.Signaling that it's seriously preparing for what some anticipate will be a $100-billion initial public offering next year, Facebook Inc.
Netflix cofounder and CEO Reed Hastings established his video-streaming company as a leader in corporate culture when his 2009 culture manifesto went viral in the business world. As Netflix became increasingly successful, Hastings grew into a confident and effective chief executive.
By Robert Anders:Netflix, Inc. (NFLX) filed a Form 8-K with the SEC on Friday, Dec. 28, 2012, announcing salaries for its top executives. Included in the filing was the following compensation schedule.
Netflix Inc. is poised to pass HBO in paid U.S. subscribers, showing Chief Executive Officer Reed Hastings is making progress toward a goal of transforming the streaming service to a Web-based television network.