A combo photo shows the book cover and Netflix Inc CEO Reed Hastings.

Netflix Inc Chief Executive Officer Reed Hastings has written a book based on interviews with current employees.

The new book sheds light on the streaming giant's radical management culture and the controversial principles at the heart of the company's psyche.

Netflix Inc Chief Executive Officer Reed Hastings gestures to the audience during an event.

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 US DVD service to a global streaming pioneer, according to a press release.

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

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