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The role is increasingly important at Netflix. The company is burning cash at faster and faster rates as it ups investment in original movies and TV shows...
Spencer is a stellar entertainment executive and we're thrilled that he will help us provide amazing stories to people all over the world.
Netflix is a singular brand, and I'm excited and honored for the opportunity to work with the Netflix team and all of our stakeholders to build on the company's exceptional track record of success and innovation.