Mr Hastings said he only recently heard about the second incident. He went on to praise Mr Friedland’s contribution to the company, which is today worth around $180bn (£135bn).
“Jonathan has been a great contributor and he built a diverse global team creating awareness for Netflix, strengthening our reputation around the world, and helping make us into the successful company we are today.
“Many of us have worked closely with Jonathan for a long time, and have mixed emotions. Unfortunately, his lack of judgment in this area was too big for him to remain.”
In a tweet subsequently deleted, Mr Friedland wrote: “Rise high, fall fast. All on a couple of words.”