Bela Bajaria: Netflix Relieves Programming Chief of Duties
The number of users of the streaming service has recently been weak. After ten years with the company, the chief creative officer has to leave. An experienced TV manager is coming in.
Netflix is replacing its Chief Creative Officer with Peter Rice, an experienced TV and film manager. Rice, formerly chairman of Walt Disney's entertainment division and president of 21st Century Fox, will take on the new role on October 26 and oversee fictional and non-fictional series, films, and live events globally. He will succeed Bela Bajaria, who had been with Netflix for 10 years and was the public face of its content strategy.
The leadership change comes as Netflix has announced a round of layoffs, cutting around 1,000 jobs, or about 6% of its workforce. The company's stock has lost around 23% of its value this year.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
