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Netflix Chiefs Say U.S. Viewing Slowdown Drove Content Leadership Shakeup

Netflix co-CEOs Ted Sarandos and Greg Peters told Wall Street analysts that softer U.S. viewing and ad sales prompted the ouster of chief content officer Bela Bajaria, who was replaced by Peter Rice. Sarandos insisted the overall strategy is unchanged and that the company needs better execution in the U.S.

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Netflix co-CEOs Ted Sarandos and Greg Peters told Wall Street analysts that softer U.S. viewing and ad sales prompted the ouster of chief content officer Bela Bajaria, who was replaced by Peter Rice. Sarandos insisted the overall strategy is unchanged and that the company needs …

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