Ted Sarandos Insists Netflix “Strategy Is Unchanged” As Execs Are Pressed About Growth Strategy

Ted Sarandos Gilbert Flores “Our business and our business flywheel are working. There is no need for a fundamental shift in the strategy. We do need better execution in the U.S. Our content around the world is largely working,” Netflix Co-CEO Ted Sarandos insisted as analysts lobbed question upon question Tuesday on what the company is doing to address a slowdown in growth. In other words, strong titles in global territories from Asia Pacific to Latin America are driving engagement, subscriber growth, revenue and profit. “The U.S. is also working, it’s just not growing as fast as it could, or as fast as we’d like. We had some really solid doubles and triples this year, but the other territories count on some of those titles being home runs so that they’ll travel around the world,” he said on a call after quarterly earnings . “We’re focusing on that execution.” Related Stories News 'Narnia: The Magician's Nephew' Trailer Clocks Massive 481M+ First-Week Views, More Than 'Barbie'