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Here's who Netflix just brought in to run content — and what it means for the streamer

WAIT UNTIL YOU HEAR THE NUMBERS ON THIS BECAUSE NETFLIX JUST SWAPPED OUT THEIR ENTIRE CONTENT STRATEGY CHIEF WHICH WAS NOT A THING YESTERDAY! THEY BROUGHT IN PETER RICE—WHO USED TO RUN STUFF AT FOX AND DISNEY—TO TAKE OVER AS CHIEF CONTENT OFFICER AND HE IS REPLACING BELA BAJARIA WHO HAS BEEN THERE TEN YEARS! BAJARIA WAS THE ONE MANAGING THAT MASSIVE TWENTY BILLION DOLLAR BUDGET AND SHAPING SHOWS LIKE STRANGER THINGS AND SQUID GAME WHILE ALSO PUSHING THEM INTO LIVE SPORTS LIKE THE NFL AND WWE DEALS. RICE HAS A MASSIVE RESUME WITH PRESTIGE TV AND THEATRICAL DISTRIBUTION BUT THE ARTICLE DOES NOT SAY EXACTLY WHAT HIS FIRST MOVE WILL BE OR IF THE STRATEGY CHANGES! SO NOW WE JUST WAIT TO SEE WHAT HE DOES WITH THE STREAMER. ANYWAY THIS SONG IS ACTUALLY MY FAVOURITE.

Netflix has appointed former Disney and Fox executive Peter Rice as chief content officer, replacing 10-year veteran Bela Bajaria, who led the streamer's massive content budget and sports push.

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📰 Read the real story at CNBC Here's who Netflix just brought in to run content — and what it means for the streamer

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