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Sept. 4, 2018, 4:54 p.m. EDT

Netflix poaches Disney exec to develop consumer-products division

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By Jeremy C. Owens

Netflix Inc. /zigman2/quotes/202353025/composite NFLX +1.83% announced Tuesday afternoon that it has hired a Walt Disney Co. /zigman2/quotes/203410047/composite DIS +0.38% executive to lead a team dedicated to selling products based on Netflix's original shows and movies. Netflix named Christie Fleischer as global head of consumer products, a job that will involve leading "a team focusing on developing the consumer products portfolio across all categories for Netflix original series and films." Fleischer previously oversaw merchandise for Disney theme parks, stores and licensing deals. "With the amazing series and films being developed on a global scale, we have the opportunity to truly revolutionize the way people engage with the characters and shows they love," Fleischer said in the announcement . Bloomberg News reported in February 2017 that Netflix was looking for an executive to lead licensing and consumer-product sales for original series such as "Stranger Things."

/zigman2/quotes/202353025/composite
US : U.S.: Nasdaq
$ 294.15
+5.29 +1.83%
Volume: 6.58M
Sept. 13, 2019 4:00p
P/E Ratio
115.35
Dividend Yield
N/A
Market Cap
$128.79 billion
Rev. per Employee
$2.22M
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/zigman2/quotes/203410047/composite
US : U.S.: NYSE
$ 138.02
+0.52 +0.38%
Volume: 5.21M
Sept. 13, 2019 6:30p
P/E Ratio
17.40
Dividend Yield
1.28%
Market Cap
$248.63 billion
Rev. per Employee
$295,532
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