Netflix Brings in New Executive to Spur Growth

Channel: Bloomberg Television

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Read a transcript preview of “Netflix Brings in New Executive to Spur Growth” from Bloomberg Television, uploaded on 2026-10-16.

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Language: English

[0:00] What do we know about the new executive Peter Rice and what it signals about the

[0:04] direction Netflix is moving in?

[0:06] Yeah. I mean, Peter Rice, you know, is an experienced executive, of Hollywood who... Both through

[0:12] Disney and Fox who who... Who's known for having a great relationship with talent. Right? And

[0:16] and the idea is that Netflix has not sort of had a a wave of breakout

[0:21] hits. It was really interesting to hear that sound bite. I mean, Netflix absolutely has had

[0:26] a tough performance culture. You know, it is challenging. Individuals have left over periods of time.

[0:33] And in this wave of layoffs, there were senior TV and film executives that were a

[0:38] part of that. But but 1,000, is a mass layoff, and that... That's kind of outside

[0:44] of of Netflix's history. But,

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