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According to Variety, Netflix co-CEOs Ted Sarandos and Greg Peters nodded to a slowdown in U.S. viewing and ad sales that spurred the radical shake-up of the streamer’s content leadership.

Netflix co-CEOs tie U.S. viewing slowdown to content leadership shakeup

According to Variety, Netflix co-CEOs Ted Sarandos and Greg Peters connected a slowdown in U.S. viewing and ad sales to the recent shake-up in content leadership.

The comments came Tuesday during a conversation with Wall Street analysts after the third-quarter earnings release.

Sarandos stated, “We’re Focusing on Execution.”

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