The Pesky Toad Logo

The Pesky Toad

The Pescadero Perspective

This story has rotated off the live feed but the permalink stays available for sharing and search.

news Al Jazeera 2026-04-16

Netflix Co-founder Hastings Steps Down After Losing Warner Bros Deal

Netflix co-founder Reed Hastings is stepping down following the loss of the Warner Bros. deal. This news prompted the company's stock to drop by roughly 8 percent.


The company's stock plunged about 8 percent on the news of Hastings's departure.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10