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News 2026-10-16 10:13 UTC

BUZZ — Netflix falls; co appoints new content chief

* Streaming giant Netflix slides 2.4% to $70.90 premarket * Co appoints former Disney executive Peter Rice as chief content officer, succeeding Bela Bajaria who has been with NFLX since 2016 * Rice will oversee NFLX's content strategy from October 26, including series, films and live events across regions * The announc