Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.
Netflix’s chief content officer has been named as co-chief executive officer alongside founder Reed Hastings.
July 16, 2020
Longtime Netflix chief content officer Ted Sarandos has been upped to co-chief executive officer, according to The Hollywood Reporter.
“Ted has been my partner for decades," says Reed Hastings, founder, Netflix. "This change makes formal what was already informal — that Ted and I share the leadership of Netflix."
Sarandos has worked at Netflix for more than 20 years. He will work alongside Netflix founder Reed Hastings in the new role while retaining his chief content officer role.”
"Having watched Reed and Ted work together for so long, the board and I are confident this is the right step to evolve Netflix’s management structure so that we can continue to best serve our members and shareholders for years to come," says Jay Hoag, lead independent director, Netflix.
Along with this appointment, Netflix announced the addition of 10.09 million subscribers during its second quarter. Its global base is now nearly 193 million.
Read more about:Netflix
License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.
Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.
Subscribe for updates directly into your inbox.
You May Also Like
New Pokémon Games Revealed on Pokémon DayFeb 28, 2024
Introducing: LEGO Islands – New Experiences in ‘Fortnite’Feb 28, 2024
PGS Entertainment, The Smiley Company Launch ‘Mini Smiley’Feb 28, 2024
Funko and Dunkin’ Team for Super Bowl-Inspired CollabFeb 28, 2024