Taiwanese-American film and TV producer; Netflix Films chairman; founder of Rideback
Netflix has appointed Peter Rice to replace Bela Bajaria as Chief Content Officer, as the company seeks to accelerate growth and diversify its slate. The move follows recent layoffs and ongoing concerns about engagement, with Rice bringing experience from Disney and Fox to oversee global content, including live sports and events.
Netflix has announced a round of layoffs totaling about 1,000 roles, the largest in years, while reporting quarterly earnings that beat revenue expectations but miss on next-quarter guidance. The leadership shake-up includes Bela Bajaria stepping down as Chief Content Officer, to be replaced by Peter Rice.