Netflix restructures film group as it scales back movie output- Bloomberg News


FILE PHOTO FILE PHOTO Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19 2022. REUTERSDado RuvicFile PhotoFile PhotoFile Photo

FILE PHOTO: FILE PHOTO: Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo/File Photo/File Photo

(Corrects number of Academy Awards won in paragraph 3)

(Reuters) -Netflix Inc is restructuring its film group, resulting in some layoffs and the departure of two of its most experienced executives, Bloomberg News reported on Thursday.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


All Headlines:

Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In