Netflix Shares Fall as Guidance Disappoints Investors

Netflix gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading. The results are the first since Netflix walked away from a contentious battle for control of Warner Bros. in February. The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests. Bloomberg's Neil Campling reports.