Author: Natricia Duncan

Netflix (NasdaqGS:NFLX) is overhauling its content leadership as Chief Content Officer Bela Bajaria exits during ongoing layoffs. Veteran media executive Peter Rice, formerly of Disney and Fox, has been appointed to lead Netflix’s global content operations. The leadership handover comes as Netflix restructures its content teams and reduces headcount across several parts of the business. The shift from Bela Bajaria to Peter Rice could reshape Netflix’s content priorities, so investors should…Read More

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Remitly Global recently reported Q2 revenue growth of 20.2% year on year, reaching record levels in revenue, Adjusted EBITDA, and net income while surpassing 10 million quarterly active customers. The company also issued the largest guidance raise in its peer set and a full year EBITDA outlook above analyst estimates, highlighting management confidence in Remitly Global’s operating momentum. We will now explore how Remitly Global’s record Q2 profitability and raised full year guidance could…Read More

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