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Netflix shells out big bucks for top talent, demands excellence from workers and ruthlessly gets rid of merely adequate performers, says Reed Hastings.

Netflix's billionaire cofounder Reed Hastings said his investing track record is terrible because he's too optimistic and says yes too readily.

Young people prefer social video over TV shows and movies, and are more influenced by ads on social media than streaming, new Deloitte research found.

Welcome back to TV, Jon Stewart! We know "The Daily Show's" audience has gotten smaller and older. These charts show the rest of TV's has, too.

Netflix added 13.1 million subscribers in the fourth quarter of 2023 after rolling out a cheaper subscription tier and cracking down on passwords.