UPDATED with statements from Netflix and Lin after 8:44 a.m. post: Dan Lin is out as film boss at Netflix in a move that has been largely speculated for weeks. Insiders at the streamer have denied that Lin and even Bela Bajaria were on the chopping block, but here we are.

Lin is meeting with his feature staff Monday morning for a post-mortem after the news. Per sources close to the situation, a successor to Lin won’t be named until the arrival of Peter Rice, who is taking over Netflix’s Chief Content Officer role from Bajaria.

Netflix co-CEO Ted Sarandos said this morning in a statement: “I started working with Dan well before he joined us in 2024 and his strength as a producer was always clear. Once he joined Netflix, I saw up close how his dedication to quality filmmaking, rigor around dealmaking and strategy, and collaborative spirit elevated our film business.…