Netflix names Peter Rice content chief as Bajaria departs

· Politics · United States

Netflix announced that Chief Content Officer Bela Bajaria is leaving and will be replaced by former Disney executive Peter Rice. The change at the top of Netflix's content operation comes after a stock slump and viewership struggles. Rice previously worked at Fox and Disney. Bajaria had overseen Netflix's movies and shows.

Why it matters:Netflix's content leadership change could shift its programming strategy as streaming competition intensifies and subscriber growth slows.

Key points

  • Bela Bajaria is leaving Netflix as chief content officer
  • Peter Rice, a former Disney and Fox executive, will replace her
  • The change follows a stock slump and viewership struggles

Sources (original reporting)

More stories from this day