Bela Bajaria leaves Netflix role as Peter Rice takes over
Netflix has announced that Bela Bajaria is departing her position as chief content officer while Peter Rice joins the company to fill the vacancy.
Leadership change confirmed at streaming giant
Peter Rice will replace Bela Bajaria in the chief content officer role. Bajaria joined the company ten years ago after previously leading television operations at NBCUniversal. The announcement arrives as Netflix recently reduced its workforce by approximately 1,000 employees.
Rice brings experience from Disney and Fox
Rice previously worked for 20th Century Fox before joining The Walt Disney Company. He oversaw all of Disney entertainment until being ousted by CEO Bob Chapek in 2022. Before this move, Rice joined the LA28 Olympics group to manage content for the games.
Company culture allows for personnel shifts
Netflix founder Reed Hastings often compared the business to a sports team rather than a family. This philosophy encourages senior leaders to make changes if they believe it leads to better outcomes. The recent layoffs represent the first cuts in four years for the streaming service.
Reported by one outlet
Only one outlet has published this. Nothing here has been checked against a second report, so read it as that outlet's account and follow the link below for the original.
Reported by
1 independent outlet. Headline as published. Links open the original report.