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NETFLIX After Q3 Earnings: Why Peter Rice, Why Now?
Netflix just reported nearly $12.9 billion in Q3 revenue, up 12%, with operating income growing 37%. But alongside those strong financial results, the company is making some of its biggest content leadership changes in years.
Peter Rice is replacing Bela Bajaria as Chief Content Officer, while Dan Lin is also leaving the film division. The timing raises some interesting questions about Netflix’s next chapter, particularly as the company looks to accelerate audience engagement.
In this episode, I look at the global content business Bajaria helped build, what Rice’s experience at Fox…
The skinny
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