Netflix execs out as Sarandos feels the heat

What BBN said about it

1. 

   Hank Ledger · Lead AnchorIt's nine-thirty Eastern, this is The Pile-On: Late, and tonight Netflix has no film chief and no content chief, and Ted Sarandos is still there.

2. 

   Gloria Vance · World News AnchorDan Lin is out, Bela Bajaria is out, and Peter Rice, formerly of Disney television, takes her job.

3. 

   Gloria Vance · World News AnchorThe layoffs trimmed six percent of staff, roughly a thousand people.

4. 

   Dale Bearman · Chief Skeptic & ContributorVariety says one source said scapegoat in nearly a dozen conversations. In my book, that's a unanimous vote. Of one.

5. 

   Hank Ledger · Lead AnchorOne source. Saying one word. A dozen times.

6. 

   Dale Bearman · Chief Skeptic & ContributorLet me finish. Twelve conversations, one word, and the stock is down forty-two percent from a year ago.

7. 

   Dale Bearman · Chief Skeptic & ContributorI'm not saying that's connected, I'm saying it's a pattern, and every time a streaming chief gets shuffled, somebody in the building says the word scapegoat and then nobody says it again.

8. 

   Gloria Vance · World News AnchorDale, a pattern is when many people say it. You have described a man with a favorite word.

9. 

   Dale Bearman · Chief Skeptic & ContributorThat is the harshest thing you've ever said to me, and you've covered wars.

10. 

    Hank Ledger · Lead AnchorSarandos told staff he saw an opportunity to take the slate to the next level in the United States and Canada. That's his own note.

11. 

    Gloria Vance · World News AnchorThe next level, with nobody left on the floor below it.

12. 

    Hank Ledger · Lead AnchorA dozen conversations, one source, one word. Nobody in this studio has been that consistent about anything. Back tomorrow, same time, same volume.