Netflix is working on a new mobile UI set to roll out later this year that will "better serve the expansion of our business over the decade to come," co-CEO Greg Peters said in an earnings call on Tuesday. The new mobile UI follows last year's big TV revamp that put a new banner front and center on the homescreen recommending something to watch.

With the TV revamp, former chief product officer Eunice Kim said it was designed to "give us a more flexible canvas, now and in the future," and Peters says the new mobile UI will similarly serve as a foundation for what's to come. After it rolls out, "it becomes a platform for us to continue to ite …

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