Business · Updated 19 Oct, 11:57 pm IST
Netflix film division head Dan Lin to leave amid executive shake-up
Why it matters for readers: It matters because it explains why shows and films you watch might change direction when leadership shifts.
- Dan Lin will exit his role as head of Netflix's films division after nearly three years.1
- This is the second senior departure in under a week, following content chief Bela Bajaria's exit.1
- Peter Rice, a former Disney executive, will oversee the films division until a new head is named.1
- Netflix is cutting about 1,000 jobs globally (around 6% of its workforce) amid concerns about slowing user engagement.1
- Lin oversaw projects including the breakout animated hit "KPop Demon Hunters," which won an Academy Award.1
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