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Netflix has announced that Chief Content Officer Bela Bajaria is stepping down after the 10 years of span with the company. Former Disney and Fox Executive Peter Rice will the new Chief Content Officer of Netflix. News Source: https://variety.com/ On Thursday, Netflix’s shocking announcement of firing its Chief Content Officer Bela Bajaria who has been with the company for a decade and appointed as Chief Content Officer in 2023. She will be replaced by the former Disney and Fox Executive Peter Rice. The news came to light, one day after Netflix implemented layoffs throughout the company, which resulted in the loss of about 1,000 jobs, which is 6% of its staff. Ted Sarandos, co-CEO of Netflix said “I want to thank Bela for a decade of dedication, innovation, creativity and leadership, she led enormous changes at Netflix. She helped broaden our content offering to include the large-scale expansion of unscripted programming and the launches of live events and sports, in addition to crafting and running a world-class, global slate of films and series. I’m incredibly grateful for everything she’s done to help Netflix entertain the world.” And on t...
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