Reed Hastings to announce shock retirement from business?

Sad news for Hastings fans. Speculation had been rife that the creator of Netflix will announce his retirement from business, at age 65, with immediate effect.

UPDATE 21/05/2026 : This story seems to be false. (read more)

Being a business man isn't fun anymore

“As we get older, there are phases of life that we enter into, and being a business man just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.

#ThankYouReed

For a little while on Wednesday evening, #ThankYouReed was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.

“You’ve accomplished everything I ever dreamed of #ThankYouReed.”
— @DesireePlum, 20 May 2026

“I thought Reed Hastings retired about 5 years ago?!?”
— @millythom, 20 May 2026

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