Netflix Restructures Film Group as it Scales Back Movie Output

A smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. (Reuters)
A smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. (Reuters)
TT

Netflix Restructures Film Group as it Scales Back Movie Output

A smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. (Reuters)
A smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. (Reuters)

Video streaming service Netflix Inc is restructuring its film group, which will result in layoffs and the departure of two of its most experienced executives, Bloomberg reported on Thursday.

As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back the company's output to ensure high quality titles, the report said. It will also centralize decision making of different divisions.

Lisa Nishimura, responsible for documentaries and smaller-budget films, and Ian Bricke, a vice president in the film group, will be leaving after more than a decade with the company, the report added.

Netflix did not immediately respond to a Reuters request for comment.

The company added about 7.6 million subscribers in the fourth quarter of 2022, after bleeding subscribers in the first half as rivals such as Paramount+ and Disney+ raked in viewers.

But average revenue per membership declined across regions in the last three months of 2022.



UK Blues Legend John Mayall Dead at 90 

English blues singer John Mayall performs with his band The Bluesbreakers, on the stage of the Miles Davis hall during the 42nd Montreux Jazz Festival in Montreux, Switzerland, late Monday, July 7, 2008. (AP)
English blues singer John Mayall performs with his band The Bluesbreakers, on the stage of the Miles Davis hall during the 42nd Montreux Jazz Festival in Montreux, Switzerland, late Monday, July 7, 2008. (AP)
TT

UK Blues Legend John Mayall Dead at 90 

English blues singer John Mayall performs with his band The Bluesbreakers, on the stage of the Miles Davis hall during the 42nd Montreux Jazz Festival in Montreux, Switzerland, late Monday, July 7, 2008. (AP)
English blues singer John Mayall performs with his band The Bluesbreakers, on the stage of the Miles Davis hall during the 42nd Montreux Jazz Festival in Montreux, Switzerland, late Monday, July 7, 2008. (AP)

John Mayall, the British blues pioneer whose 1960s music collective the Bluesbreakers helped usher in a fertile period of rock and brought guitarists like Eric Clapton to prominence, has died at 90, his family said Tuesday.

Mayall, a singer and multi-instrumentalist who was dubbed "the godfather of British blues," and whose open-door arrangement saw some of the greats in the genre hone their craft with him and his band, "passed away peacefully in his California home" on Monday, according to a statement posted on his Facebook page.

It did not state a cause of death.

"Health issues that forced John to end his epic touring career have finally led to peace for one of this world's greatest road warriors," it said. "John Mayall gave us 90 years of tireless efforts to educate, inspire and entertain."

Mayall's influence on 1960s rock and beyond is enormous. Members of the Bluesbreakers eventually went on to join or form groups including Cream, Fleetwood Mac, the Rolling Stones and many more.

At age 30, Mayall moved to London from northern England in 1963. Sensing revolution in the air, he gave up his profession as a graphic designer to embrace a career in blues, the musical style born in Black America.

He teamed up with a series of young guitarists including Clapton, Peter Green, later of Fleetwood Mac, and Mick Taylor who helped form the Rolling Stones.

In the Bluesbreakers' debut album in 1966, "Blues Breakers With Eric Clapton," John Mayall enthralled music aficionados with a melding of soulful rock and gutsy, guitar-driven American blues featuring covers of tunes by Robert Johnson, Otis Rush and Ray Charles.

The blues music he was playing in British venues was "a novelty for white England," he told AFP in 1997.

That album was a hit, catapulting Clapton to stardom and bringing a wave of popularity to a more raw and personal blues music.

Mayall moved to California in 1968 and toured America extensively in 1972.

He recorded a number of landmark albums in the 1960s including "Crusade," "A Hard Road," and "Blues From Laurel Canyon." Dozens more followed in the 1970s and up to his latest, "The Sun Is Shining Down," in 2022.

Mayall was awarded an OBE, an Officer of the Order of the British Empire, in 2005.