Changes in executive pay, the departure of its CFO, and almost $30 billion of cash obligations may be warning signs for Netflix's valuation outlook.
Wells headed finance for eight years, but intends his "next chapter to focus more on philanthropy."
The company suggests the lower-than-expected subscriber growth in Q2 was a temporary blip but analysts fear the quality of its programming has declined.
New seasons of such shows as “Orange is the New Black” and “House of Cards” helped boost subscriber growth in a historically weak quarter.
