Sarandos: Netflix Int'l Strategy Works, U.S. Needs Fix — SkimNews
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- Netflix is in the middle of its biggest content leadership shake-up in years, with co-CEO Ted Sarandos telling investors on the Q3 earnings call Tuesday that the international content strategy is working.
- Ted Sarandos said during the same call that the U.S. content slate 'needs fixing,' drawing a direct contrast with international performance.
- Netflix struck deals with France's TF1 and Brazil's Globo and is now eyeing additional broadcaster partnerships, per the headline.
- Sarandos volunteered the contrast between international success and U.S. shortfalls himself on the call, rather than waiting for analyst questions to surface the gap.
Why it matters: Netflix co-CEO Sarandos acknowledged on the Q3 earnings call Tuesday that the U.S. content slate needs fixing even as international performance holds up. With TF1 and Globo broadcaster pacts already secured, the company is signaling it will pursue more partnership content through a leadership transition that ranks as the largest content shake-up in years.
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