Oct 19 : Netflix said on Monday its film division head Dan Lin would leave after nearly three years at the helm, marking a second senior executive departure in less than a week amid concerns over slowing engagement.
The company said on Thursday content chief Bela Bajaria would leave after nearly a decade with the streaming platform, and would be replaced by former Disney executive Peter Rice.
• Rice will oversee the films division until a new head is announced
• Netflix's growth prospects and user engagement are under scrutiny; its co-CEO Ted Sarandos recently said the company is "not growing as fast as I want us to"
Guess WordCrack the word, one row at a timeBuzzwordCreate words using the given lettersMini SudokuTiny puzzle, mighty brain teaserMini CrosswordSmall grid, big challengeWord SearchSpot as many words as you can Show More Show Less• Engagement data has pointed to users spending more time on creator-led video platforms such as YouTube
• Netflix, which is laying off about 6 per cent of its workforce, is scheduled to report third-quarter results after markets close on Tuesday
• During his tenure at Netflix, Lin oversaw "KPop Demon Hunters," which became a breakout hit for Netflix and won an Academy Award, bolstering the streamer's feature animation strategy
• Lin, one of the producers of "Sherlock Holmes" and the Lego movies, has worked as a senior executive for Warner Bros Pictures