Netflix has appointed former Disney government Peter Rice as its new Chief Content Officer, changing Bela Bajaria, efficient October 26.
The streaming firm introduced the appointment on Thursday, saying Rice would oversee its world content material organisation, together with scripted and unscripted collection, movies and stay occasions.
Rice most just lately oversaw Disney’s cable channels, information programming and protection of main sporting occasions. Before becoming a member of Disney, he held positions at twenty first Century Fox and Fox Searchlight Pictures.
Netflix Co-Chief Executive Officer Ted Sarandos described Rice as one of many leisure trade’s best large-scale operators, expressing confidence in his potential to assist the corporate increase its content material choices.
In a press release, Rice mentioned Netflix had persistently demonstrated a willingness to take possibilities on distinctive voices and recent concepts, including that he was wanting ahead to working with the crew to ship extra tales to audiences worldwide.
Bajaria, who’s leaving Netflix after practically 10 years, most just lately led the corporate’s world content material crew. She had additionally been targeted on its stay sports activities technique, which seeks to develop main video games and tournaments into high-profile leisure occasions.
Sarandos expressed gratitude for Bajaria’s contributions, saying she had helped Netflix entertain audiences around the globe.
The management change comes a day after Netflix introduced workforce reductions affecting roughly six per cent of its workers, or about 1,000 jobs.
The firm’s shares have fallen by greater than 20 per cent this yr, though the inventory remained comparatively unchanged in prolonged buying and selling on Thursday.
Netflix is scheduled to report its subsequent quarterly earnings on Tuesday.
Boluwatife Enome
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