Netflix film chief Dan Lin is out as streamer shuffles executive ranks

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Set us as preferred Management upheaval at Netflix continued Monday as the streamer’s head of films Dan Lin exited, according to two people familiar with the matter who declined to be named.Lin was appointed to the position in February 2024 and was tasked with making fewer, better and bigger movies.

During his tenure, Netflix rolled out movies including crime thriller “The Rip,” starring Ben Affleck and Matt Damon and animated hit “KPop Demon Hunters.” His exit arrives as Netflix is going to release highly anticipated movies in theaters in the coming months including David Fincher-directed “The Mis-Adventures of Cliff Booth” starring Brad Pitt in November and Greta Gerwig-directed “Narnia: The Magician’s Nephew next year.Netflix did not have an immediate response to a request for comment.Lin’s exit followed massive layoffs at Netflix that began last week, trimming 6% of staff or roughly 1,000 people.

Netflix last Thursday announced the company’s Chief Content Officer Bela Bajaria was no longer at the streamer and named her replacement, Peter Rice, a former chairman of Walt Disney Television and chairman of general entertainment for The Walt Disney Co.After Bajaria was pushed out, many people in the industry expected Lin would be next, according to sources who declined to be named.

Rice will also oversee the film team until a new film head is announced.Hollywood Inc.

While Netflix continues to lead subscription streaming services, the company has continued to face growing scrutiny over how it plans to grow the Los Gatos company in the future.Analysts and investors have raised concerns about Netflix’s growth.In the first half of 2026, hours watched on Netflix increased 2% compared to a year earlier, according to the streamer.

Investors had hoped for more robust growth, given that the streamer increase...