Netflix CEO Keeps Focus on Expansion, Price

September 25, 2012 at 4:30 pm PT

Netflix Inc. Chief Executive Reed Hastings is trying to prove that his streaming-video company isn’t in a state of arrested development.

Last year, Netflix lost subscribers and investor confidence with a debacle over a sharp subscription-price increase followed by flip-flopping on separating its DVD-by-mail business.

Mr. Hastings, 51 years old, has since forged ahead by striking content deals with the CW Network and Weinstein Co., among others, and dipping Netflix’s toes into original content creation.

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Tagged with: Netflix, Reed Hastings, streaming video

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