Netflix VP of Ad Sales Peter Naylor Departs Amid Strong Subscriber Growth

Naylor's exit follows significant gains in Netflix's ad-supported tier and a robust quarterly earnings report.

Peter Naylor leaves Netflix after less than two years as VP of Ad Sales.
Netflix's ad-supported tier grew 34% this quarter, now making up 45% of new signups in markets where it is available.
The company added 8 million subscribers in the second quarter, reaching a total of 277 million globally.
Netflix plans to achieve critical advertiser scale by 2025 in countries with ad-supported plans.
A new head of U.S. and Canada ad sales will be hired to replace Naylor's global role.