Former White Home adviser Susan Rice is returning to Netflix amid the writers strikes in Hollywood which have already impacted tasks throughout main studios and networks, in keeping with stories.
Rice, who stepped down as a home coverage adviser for President Biden in April, will re-join the streaming platform’s board of administrators after being appointed this week. Her time period will expire after the 2024 annual assembly.
She served on the Netflix board from 2018 till 2020 and stepped down to affix the Biden administration in January 2021.
“We’re excited to welcome again Ambassador Rice to Netflix’s Board of Administrators,” co-CEOs Ted Sarandos and Greg Peters stated in an announcement. “Susan made many priceless contributions when she first joined and we all know that her confirmed observe report and operational experience might be invaluable going ahead.”
Rice will work alongside insiders and media veterans — together with firm founder Reed Hastings, Sarandos and Peters, in addition to former Disney TV chief Anne Sweeney and Axel Springer head Mathias Döpfner. Different members of the board embody enterprise capitalists Jay Hoag and Tim Haley and Microsoft president Brad Smith.
“I’m happy to rejoin the Netflix Board. Netflix’s unmatched dedication to lifting the tales of individuals around the globe is exclusive and compelling,” Rice stated, in keeping with the press launch. “I sit up for contributing my breadth of worldwide and home expertise right now of problem within the leisure business.”
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Regardless of strikes by the Writers Guild of America (WGA) and SAG-AFTRA, the union representing many actors in Hollywood, Netflix has skilled a resurgence in subscribers. The spike will be partially attributed to the corporate’s password sharing crackdown that started in Could 2023.
The strikes have shut down film and TV studios in Hollywood, however Netflix has reported an 8 p.c rise in subscriptions within the second quarter of 2023 and $8.19 billion in income, in keeping with CNBC.
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