Netflix replaces its chief content officer in an effort to reverse declining share price
Netflix announced Peter Rice will replace Bela Bajaria as chief content officer, overseeing global content. The company's stock has dropped 23 percent this year.
- Peter Rice previously held leadership roles at Disney.
- Netflix announced Bela Bajaria will be replaced as chief content officer by Peter Rice, who will oversee Netflix's global content organization.
- The stock has lost about 23 percent of its value this year.
Outlets: El Universo, Financial Times, International: Top News And Analysis, La Vanguardia, Moneyweb, The Irish Times
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