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Netflix Hires Ex-Disney Exec as Content Chief | Markets & Money News
Netflix has appointed Peter Rice as its new chief content officer, succeeding Bela Bajaria, who played a pivotal role in developing successful shows like "Stranger Things" and "Bridgerton." This leadership change aims to rejuvenate the platform as it grapples with stagnant viewership amid recent layoffs of approximately 1,000 employees. Rice's extensive experience from Disney, including overseeing ABC and Hulu, may be key in revitalizing Netflix's content strategy. Upcoming earnings calls will
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