Netflix (NasdaqGS:NFLX) has replaced chief content officer Bela Bajaria with former Disney and Fox executive Peter Rice. The leadership change coincides with Netflix undertaking its largest workforce reduction to date across global operations. Rice previously oversaw a broad slate of scripted and unscripted hits spanning broadcast TV, cable networks, and streaming platforms. The shakeup that moves content control from Bela Bajaria to Peter Rice is only one piece of the Netflix story. We have also spotted 2 warning signs worth knowing about at Netflix.
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