Netflix replaced its top advertising executive, Jeremi Gorman, after just a year, in a surprise shakeup of its nascent ads business.
Insiders said they believed the choice of Reinhard to replace Gorman was a move designed to help sell the advertising business internally.
But she's been with the company since 2016 and is known as a level-headed exec who understands the Netflix culture well.
This summer, the company eliminated its lowest-priced ad-free tier to incentivize customers to sign up for the ads tier.
We've built a world-class team and laid the foundations needed to create a forever ads business."
Persons:
Jeremi Gorman, Gorman, Peter Naylor —, Amy Reinhard, Naylor, Reinhard, Greg Peters, Eunice Kim, Elizabeth Stone, she's, She's, they've, We've, Spencer Neumann, Peters
Organizations:
Netflix, Microsoft, Yahoo