The co-CEO of Netflix, Greg Peters, replaced advertising sales head Jeremi Gorman with top studio executive Amy Reinhard, to hasten growth in its advertising business, Sahil Patel wrote for The Information. The streamers “ad sales and ad-supported subscriber numbers were roughly half what staffers had initially projected internally for 2023,” noted The Information story. Other publicly traded companies in the space include Amazon (AMZN), Apple (AAPL), Disney (DIS), Roku (ROKU) and Warner Bros. Discovery (WBD)
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