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Reed Hastings on Netflix Exec Departures: "You Got to Earn It Every Year"

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hollywoodreporter.com

Netflix bosses Reed Hastings and Ted Sarandos are weighing in on the recent spate of executive exits at the streaming service.

After promoting former local language originals vp Bela Bajaria to global TV chief last month, the company said goodbye to three high-ranking execs: English language originals head Cindy Holland, drama exec Channing Dungey and comedy vp Jane Wiseman.

Asked about the management changes on an earnings interview on Tuesday, Hastings defended Netflix's management philosophy, which includes the now famous "keeper test" that he wrote about at length in his recent book. "It's a normal model," he said. "No one gets to keep the job for free.

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