Netflix will be receiving the new Award of Excellence in Innovation at the 2011 Banff World Television Festival.

The company’s chief content officer Ted Sarandos (pictured) will be on hand to accept the award and give a feature interview at the annual conference, discussing the strategy behind Netflix’s growth, success and vision going forward.

Sarandos oversees the Beverly Hills office and manages the company’s relationships with studios, networks and filmmakers. He’s also on the Film Advisory Board for Tribeca Film Festival, retail advisory board for the Digital Entertainment Group, FIND Advisory Board and MediaRights.org, as well as serving as a trustee for International Documentary Association.

The fest will take place June 12-15, 2011.