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Published: Jan 20, 2023 10:10 AM | 1 min read
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Netflix co-founder Reed Hastings has said he will step down as CEO and pass on the reins to co-CEO Ted Sarandos and COO Greg Peters, media networks have reported.
In a news report, Hastings was quoted as saying, "I believe it's the right time to compete my succession."
Netflix has just announced that there was a big jump in the number of subscribers at the end of last year on the back of the Harry-Meghan show and the film Glass Onion.
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