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Peter Rice

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Netflix Replaces Bela Bajaria with Peter Rice Amid 1,000-Job Layoffs
business9 minutes ago

Netflix Replaces Bela Bajaria with Peter Rice Amid 1,000-Job Layoffs

Netflix has replaced Chief Content Officer Bela Bajaria with former Disney executive Peter Rice, effective October 26. The leadership change follows the streamer's largest-ever layoff of 1,000 employees (6% of staff) and comes amid slowing viewer growth and a sharp decline in Emmy awards. Co-CEO Ted Sarandos frames the move as an opportunity to elevate the US and Canadian slate, while critics note the timing coincides with a 40% stock drop and weak second-season performance.

via The Hollywood Reporter|
#bela-bajaria#business#content-strategy
Netflix Replaces Bela Bajaria with Peter Rice Amid 1,000-Job Layoffs
media-and-entertainment2 hours ago

Netflix Replaces Bela Bajaria with Peter Rice Amid 1,000-Job Layoffs

Netflix has replaced Chief Content Officer Bela Bajaria with former Disney executive Peter Rice, effective October 26. The leadership change follows the streamer's largest-ever layoff of 1,000 employees (6% of staff) and comes amid slowing viewer growth and a sharp decline in Emmy awards. Sarandos frames the move as an opportunity to elevate the US and Canadian slate, while critics note the timing coincides with a 40% stock drop and weak second-season performance.

via Variety|
#bela-bajaria#content-strategy#layoffs
A24 Inks Production Deal with Peter Rice for Film and TV.
entertainment3 years ago

A24 Inks Production Deal with Peter Rice for Film and TV.

Former Disney General Entertainment Chairman, Peter Rice, has signed a deal with A24 to enter the independent production space. The non-exclusive production and co-financing agreement will target global distribution, theatrical release, and streaming services for film and TV projects. Rice's reputation in both film and TV is a significant boon for A24, which primarily works with a slate of film directors. The pact is open-ended, and Rice can pursue agreements with other producers and studios.

via Deadline|
#a24#entertainment#film
Peter Rice signs exclusive producing deal with A24 for film and TV.
entertainment3 years ago

Peter Rice signs exclusive producing deal with A24 for film and TV.

Peter Rice, former chairman of Disney General Entertainment, has partnered with A24 for a producing and co-financing agreement, marking his first new Hollywood job since being fired in June 2022. The nonexclusive deal will allow Rice to pursue additional producing opportunities elsewhere as well as a possible return to the executive suite. The partnership will focus on co-financing film and TV projects for global distribution, theatrical and all major streaming platforms.

via Hollywood Reporter|
#a24#entertainment#film