Hastings co-wrote "No Rules Rules: Netflix and the Culture of Reinvention" with Erin Meyer, the author of "The Culture Map", detailing how company culture transformed Netflix from a U.S. DVD service to a global streaming pioneer, according to a press release.

The book is expected to hit shelves on May 12 and details Hastings' corporate philosophy and set of management principles, as well as stories from his own career.

Several media outlets over the past few years have reported on the company's unconventional work environment.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Bernard Orr)