Bela Spills the Beans

Bela Bajaria Netflix
"It’s really a bummer for 100 very incredibly talented people who made an amazing movie. So, for me, it’s really about that," Bela Bajaria tells Puck's Matthew Belloni about the Emilia Pérez film scandal. Photo: Kyle Grillot/Bloomberg/Getty Images
Matthew Belloni
February 14, 2025

Despite its global lead in subscription streaming, and a stock price that recently topped $1,000 after bottoming out at $190 in 2022, Netflix executives often complain that the company is misunderstood. Bela Bajaria, who replaced Netflix’s now-co-C.E.O. Ted Sarandos as chief content officer in early 2023, echoed that concern during a January presentation to the media at its Egyptian Theatre in Hollywood. It made me scratch my head a bit. How could the most celebrated pure-play entertainment company somehow be underappreciated?