Ted Sarandos Addresses Netflix Content Exec Purge: ‘I Know That We Could Do Better’

Co-CEO says about incoming content chief Peter Rice that 'most importantly' he 'understands talent relations'

By Todd Spangler

Todd Spangler

NY Digital Editor

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Netflix, looking to boost its viewing engagement as revenue growth cools off, made a major overhaul of its executive leadership overseeing content.

Last week, amid its layoff of 1,000 employees, Netflix ousted chief content officer Bela Bajaria and has tapped veteran TV exec Peter Rice to replace her. The company also let go head of film Dan Lin and his top lieutenant, Doug Belgrad, as well as director of original series Carolina Garcia.

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