Netflix’s latest cliff-hanger? Where it’s headed as a business
The streaming giant has shaken up its staffing and is looking to compete in an evolving entertainment landscape.
Welcome to the daily Inside Scoop newsletter. Netflix is laying off about 6% of its workforce and ousted its chief content officer and other executives. The changes are happening as the streaming-video giant vies for viewers’ attention in an evolving landscape that includes YouTube and Paramount Skydance. Senior Hollywood reporter Rebecca Keegan gives us a look into their strategy. Let’s get into it. Netflix is in a new season, one with enough uncertainty that the entertainment titan’s top executives this week sought to reassure investors they have a plan to keep audiences hooked.
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