Netflix Names Ted Sarandos Co-CEO Amid Second Shutdown-Driven Subscriber Spike

Netflix has promoted longtime chief content officer Ted Sarandos to the co-CEO position, the company said today after reporting a second straight quarter of higher-than-usual global subscriber gains driven by the ongoing Covid-19 pandemic. The appointment means Sarandos, who has been with Netflix for more than two decades, will helm the streaming service alongside founder…

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