While investors may have paid more attention to Netflix Inc.’s disappointing forecast for the second half Thursday afternoon, the promotion of Chief Content Officer Ted Sarandos to co-chief executive may be the bigger news of the day because of what it says about Netflix and where it is headed.
While investors may have paid more attention to Netflix Inc.’s disappointing forecast for the second half Thursday afternoon, the promotion of Chief Content Officer Ted Sarandos to co-chief executive may be the bigger news of the day because of what it says about Netflix and where it is headed.