“Our board has been discussing succession planning for many years .”
SAN FRANCISCO, United States – US streaming giant Netflix on Thursday said it ended last year with more than 230 million global subscribers, beating analysts’ expectations as hits such as “Wednesday” and “Harry & Meghan” enticed new viewers.
He said he would hold the new job of executive chairman, noting this was a role that tech giant founders often take, using Amazon’s Jeff Bezos and Microsoft’s Bill Gates as examples. Netflix praised a successful slate of new content that included horror-themed comedy “Wednesday,” saying the “Addams Family” spinoff was the company’s third most popular series ever.
Netflix insists that counting new subscribers is no longer the most important criteria for assessing the company’s health and that revenue should instead be the main metric.
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