Netflix’s latest cliff-hanger? Where it’s headed as a business.

Welcome to the daily Inside Scoop newsletter. Netflix is laying off about 6% of its workforce and ousted its chief content officer and other executives. The changes are happening as the streaming-video giant vies for viewers’ attention in an evolving landscape that includes YouTube and Paramount Skydance. Senior Hollywood reporter Rebecca Keegan gives us a look into their strategy. Let’s get into it.

Netflix is in a new season, one with enough uncertainty that the entertainment titan’s top executives this week sought to reassure investors they have a plan to keep audiences hooked.

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Original source: https://www.nbcnews.com/business