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Ted Sarandos

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Ted Sarandos Life story


Theodore Anthony Sarandos Jr. is an American businessman who is the co-chief executive officer of Netflix, Inc.

Clarence Avant: Music industry legend known as the 'Black Godfather' dies aged 92

Clarence Avant: Music industry legend known as the 'Black Godfather' dies aged 92
Aug 14,2023 12:11 pm

... " Avant is survived by his daughter, Nicole Avant, a former US ambassador to the Bahamas and the wife of Netflix s chief content officer Ted Sarandos; and his son, Alexander...

Netflix password crackdown fuels subscriber surge

Netflix password crackdown fuels subscriber surge
Jul 20,2023 3:00 am

... Netflix said it would spend less on content this year than expected as a result of the walkout - the industry s biggest in six decades, while boss Ted Sarandos said " we need to get this strike to a conclusion"...

Netflix: Reed Hastings steps down but subscribers jump

Netflix: Reed Hastings steps down but subscribers jump
Jan 19,2023 5:51 pm

... The firm will now be run by Ted Sarandos and Greg Peters, both already in senior executive positions...

Netflix and Microsoft team up for cheaper plan with adverts

Netflix and Microsoft team up for cheaper plan with adverts
Jul 14,2022 6:40 am

... Last month, co-chief executive Ted Sarandos said the company was in talks with other businesses to find ways to appeal to price-sensitive audiences...

Netflix cuts 300 more jobs after subscriptions fall

Netflix cuts 300 more jobs after subscriptions fall
Jun 24,2022 3:40 am

... On Thursday, Ted Sarandos, the company s co-chief executive, told an audience at a conference in Cannes on Thursday that Netflix was in talks with many companies as it explores new advertising partnerships to appeal to price-sensitive audiences...

Chappelle slams cancel culture amid Netflix transgender furore

Chappelle slams cancel culture amid Netflix transgender furore
Oct 26,2021 3:39 am

... Netflix Chief Content Officer Ted Sarandos apologised for how he handled internal dissent from employees, saying: " I screwed up...

Squid Game helps Netflix subscriptions bounce back

Squid Game helps Netflix subscriptions bounce back
Oct 20,2021 3:44 am

... In a memo to staff earlier this month, Netflix co-chief executive Ted Sarandos acknowledged that some staff had been " left angry, disappointed and hurt" by the special...

Prince Harry and Meghan: How could earn some money?

Prince Harry and Meghan: How could earn some money?
Feb 16,2020 10:01 am

... Oprah Winfrey was a guest at the Duke and Duchess wedding Netflix s chief content officer, Ted Sarandos already interested in working with the couple...

Netflix: Reed Hastings steps down but subscribers jump

Feb 16,2020 3:32 am

By Lucy HookerBusiness reporter, BBC News

With money tight subscribers were expected to cut back on streaming services, or so the theory went.

But Netflix bucked that trend at The End of Last Year , adding More Than seven million new subscribers, far More Than analysts expected.

Harry and Meghan's revelations were a big draw, as was new series Wednesday and The Film Glass Onion.

Chief executive Reed Hastings welcomed The Stronger numbers, but announced he was stepping down as chief executive.

His long-planned move means he is leaving The Firm he founded in a crowded market, with challenges ahead but with 231 million viewers signed up around the globe.

Mr Hastings, who was an early pioneer in the streaming business and is seen As One of the original tech industry disruptors, will stay on as executive chairman.

The Firm will now be run by Ted Sarandos and Greg Peters, both already in senior executive positions.

" Reed Hastings stepping down from his current role raises a lot of questions about Netflix's future strategy, " said Jamie Lumley , analyst at research firm Third Bridge.

" Incoming Co-CEO Greg Peters will have A Number of major decisions on his plate from managing high levels of expenses, password sharing, and cracking The Code to find The Next Stranger Things . "

They have been given a strong start, with total subscribers for The Last three months of 2022 up 7. 66 million, when analysts had predicted a rise of around 4. 5 million.

In early 2022 Netflix faced an Uphill Battle . It was facing increased competition from rivals such as Amazon, HBO, Apple TV and Disney. It cut hundreds of jobs, but still found it had to put up prices to customers to cover rising costs.

That dealt a blow to its subscriber numbers in The First half of the year.

In November it introduced a cheaper ad-supported option in 12 countries, and signalled it would be less tolerant of password sharing in future.

Netflix shares, which had fallen by nearly 38% in The Past year, rose in After Hours trading following the results announcement.



Source of news: bbc.com

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