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 66, with immediate effect.

UPDATE 12/10/2026 : 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 Sunday 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, 11 Oct 2026

“I thought Reed Hastings retired about 5 years ago?!?”
— @millythom, 11 Oct 2026

© 2026 MediaMass All rights reserved. Do not reproduce (even with permission).

Celebrity Central