Netflix (NFLX) Film Chief Scott Stuber Will Leave to Start New Company in March - Bloomberg
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Netflix Film Chief Scott Stuber Will Leave to Start New Company

  • Executive built streaming service’s film studio as chairman
  • Netflix will now look for a new head of its movie business
Netflix Film Chief Stuber to Leave, Start New Company

Scott Stuber, who built Netflix Inc. into Hollywood’s most prolific movie studio, will leave the streaming giant in March to start a new company.

Stuber will stay on as global film chairman at least until the Academy Awards in March to wrap up projects, before departing to produce films and TV shows on his own. He has secured financing for the new venture, according to people familiar with the executive’s plans. Chief Content Officer Bela Bajaria will oversee the film team while the company searches for a replacement.