Pakistan, Oct. 20 -- Netflix is facing another major leadership change as film division head Dan Lin prepares to leave after nearly three years. His departure comes just days after content chief Bela Bajaria also exited the company. The back-to-back changes have drawn attention to the challenges facing the streaming giant.

Lin played a key role in Netflix's film business during his tenure. One of the notable successes under his leadership was KPop Demon Hunters, which attracted audiences and won an Academy Award. Before joining Netflix, Lin worked at Warner Bros. Pictures and helped produce films such as Sherlock Holmes and The Lego Movie.

Meanwhile, Netflix is dealing with wider business pressures beyond its leadership changes. The com...