Founder of Netflix video service leaves and new chief product officer has worked in Japan

Recently, Netflix underwent a high-level personnel change. Two "veterans" left, including an executive who personally founded the Netflix video service.

Original title: Two veterans of Netflix leave The founder of the video service

originated in the United States and has become the world's largest copyrighted video website (mainly providing movies and TV dramas). Recently, Netflix experienced a high-level personnel change. The two "veterans" resigned, including an executive who personally founded the Netflix video service.

According to US entertainment industry media Vanity Fair, Netflix recently announced that Neil Hunt, who has served as chief product officer and has been with the company for 18 years, will leave and Greg Peters will succeed him as chief product officer.

In addition, Netflix also announced that Chief Personnel Officer Tawni Cranz, who has also been with the company for ten years, will also leave to seek alternative development.

Hunter, who is about to leave, holds a doctorate in computer science and joined Netflix in 1999. In 2007, he was personally responsible for developing the company's video streaming service and was responsible for all aspects of product user experience.

In a statement, Hunter said that today's Netflix is developing well and its executive leadership is excellent, and he is very happy to leave Netflix in such a state.

According to reports, Peters, the new chief product officer, has been responsible for some product development work in Tokyo, Japan since 2015. During his many years of service in the company, he has been responsible for product engineering technology and business development. While in charge of Netflix's Japan branch, he was also responsible for local video copyright licensing, original video production, marketing and other work.

Before joining Netflix, Peters served as senior vice president for consumer electronics at Macrovision Solutions, and also held positions at Mediabolic, Red Hat Networks, etc. He graduated from Yale University with degrees in physics and astronomy.

Netflix's earliest business was not online video, but the rather traditional DVD and laser disc mail-in rental business. In 2007, Netflix entered the online video field for the first time and launched movies and TV series videos. In the past ten years, Netflix has achieved great development, and now its services cover almost all countries and regions around the world, becoming the world's largest film and video service provider.

In addition to purchasing rights, Netflix invests more than $5 billion a year into the production of original movies and TV series, driving the growth of paid members. Netflix's huge success in the original business has also encouraged competitors and global video sites to invest heavily in producing video programs. The global video industry has bid farewell to its model of relying on traditional TV programs.

By the beginning of this year, Netflix had 93 million paid members worldwide, including 49 million members in the United States. Its total membership is expected to soon exceed 100 million, which means Netflix will earn a billion dollars in membership fee revenue every month.

Netflix has also spawned many video websites around the world that imitate its business model, that is, relying on high-quality original video programs and mainly using paid members as the main source of income. These sites are in sharp contrast to YouTube's amateur video model.

Editor: Nancy