The Transition of Power and Netflix's Strategic Dominance

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Exploring the shift in executive positions at Netflix, from Reed Hastings to Greg Peters and Ted Serandos becoming co-CEOs. Peters' strategic vision for the streaming giant's future success, predicting changes for traditional media and emphasizing Netflix's competitive advantage.

Netflix is the biggest paid subscription streaming service in the world. But two years ago, its dominance was in question after it reported its first subscriber decline in over a decade. So the company did something radical: it cracked down on password sharing. The man behind the move? Well, he’s now one of the most powerful people in Hollywood.

Meet Greg Peters, the co-CEO of Netflix. Bloomberg’s Lucas Shaw recently sat down with Peters for his first major print profile. He tells host David Gura about Peters’ bold plan to transform Netflix and the way all of us watch everything from TV shows to sports.

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