After only three years, Netflix has fired its film chief, Daniel Lin.
\n\nLast week, Netflix fired its chief content officer, Bela Bajaria.
\n\nCurrently, Netflix is in the process of cutting 1,000 other jobs, the biggest layoff by a wide margin in the company’s history.
\n\n“Lin was let go at the start of the weekend and will address his teams throughout the day Monday. It’s unclear who will replace Lin, and rumors have abounded that ousted Warner Bros. film chiefs Mike De Luca and Pam Abdy could be in the running,” writes IndieWire.
\n\n“Netflix is clearly in the midst of a major restructuring that goes beyond layoffs. Lauded film and TV executive Peter Rice has already been tapped to replace Bajaria.”
\n\n“The bigger picture isn’t pretty for Netflix,” reports World of Reel. “Engagement at Netflix grew just 2 percent in the first half of 2026, and the stock is down more than 40 percent since the failed bid for Warner Bros.”
\n\nLin was specifically brought in to counter the indulgence of his predecessor, who handed blank checks to A-list filmmakers such as Martin Scorsese, Joel and Ethan Coen, David Fincher, Alfonso Cuarón, Alejandro Iñárritu, Jane Campion, and Steven Soderbergh. The problem…
Original source: https://www.breitbart.com/entertainment/