Ted Sarandos acknowledges Netflix could do better after content executive overhaul
According to Variety, Netflix made a major overhaul of its executive leadership overseeing content to boost viewing engagement while revenue growth cools off.
Last week, amid its layoff of 1,000 employees, the company ousted chief content officer Bela Bajaria and tapped veteran TV exec Peter Rice to replace her.
Ted Sarandos addressed the purge with the statement: ‘I Know That We Could Do Better’.

