Wall Street Journal ·

Ted Sarandos complained for months of a lack of new Netflix hit shows and US watch time being down; Netflix just fired its film chief and content chief

Company is overhauling creative leadership as it struggles to get domestic audiences to watch more

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Ted Sarandos complained for months of a lack of new Netflix hit shows and US watch time being down; Netflix just fired its film chief and content chief

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Wall Street Journal — Ted Sarandos complained for months of a lack of new Netflix hit shows and US watch time being down; Netflix just fired its film chief and content chief ↗

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Oct 19Oct 21

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Related stories

Financial Times: Netflix execs and industry insiders say co-CEO Ted Sarandos devised its mass-market and international growth strategy, which the now-fired Bela Bajaria executed

Bloomberg: Netflix co-CEO Ted Sarandos says growth is slower than he would like and defends the WBD pursuit, adding Netflix isn't seeking another acquisition to replace it

Wall Street Journal: Memo: Netflix is cutting 6% of its staff, or ~1,000 jobs globally across product, tech, legal, and HR, its biggest layoffs since 2022, amid slowing growth

Variety: Netflix Chief Content Officer Bela Bajaria is leaving the company and will be replaced by former Disney and Fox executive Peter Rice, who starts October 26

Puck: Netflix is preparing to cut ~5% of employees, or ~850 jobs, as early as next week, amid pressure over weakened engagement and a depressed stock price

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