Netflix Adds 5.9M Subscribers In Q2, More Than Doubling Expectations; Effort To Limit Password Sharing Expands To Most Of The World

The cast of Barbie experienced life in plastic while filming what is shaping up to be one of the year’s hottest blockbusters after grossing over $1 billion in less than a month.

best new TV shows and movies. Right now, you can snag a major discount on the Fire TV Stick 4K Max — Amazon's most powerful streaming stick yet.

All it takes is hard work and a pair of pink bell bottoms.

The start of the new Premier League is almost here and Manchester United fans will be keen to get their hands on the latest United shirts.

Most of the time when a cheap house comes on the market it is being sold at an auction, rather than on the traditional property market. Although this can be a great way to snap up a bargain home, you can often find that the final sale price turns out to be much higher than the guide price you anticipated.

The British royal family is renowned for being well dressed and stylish. Of course, it doesn’t hurt that they’re often accessorizing with crown jewels.

So many of Nicholas Sparks‘ books have been turned into movies, but it’s hard to think of a single big-screen adaptation that’s more iconic than The Notebook.

Jennifer Maas TV Business Writer Longtime Fox exec Michael Biard has be named the new president and chief operating officer of TV station group giant Nexstar, the owner of NewsNation and the CW Network. Current Nexstar president and COO Thomas Carter is stepping down from his post and shifting to senior advisor.

Netflix is rolling out a new feature called My Netflix, which will replace the Downloads tab on the bottom right of the home screen on iOS apps starting today.

Supermarkets have more than doubled their profit margins on fuel since the start of the war in Ukraine, according to new analysis. The RAC has found that Asda, Tesco, Morrisons, and Sainsbury’s were making an average of around 4.7p per litre on fuel sales when the Russian invasion began in February 2022.

Celebrity fragrances have been popular since well before the era of celebrity beauty brands, and they remain a lucrative project for the stars to explore.

Thought HBO’s acclaimed basketball, rise-of-the-LA Lakers series, “Winning Time: The Rise Of The Lakers Dynasty,” was a one-off? Oh no, the series, from writer/director Adam McKay, a huge hoop dreams nut, is back for more. Still, it cautions: it takes more than one NBA Championship to build a certified dynasty, which the Lakers obviously were for several years in the 1980s.

Todd Spangler NY Digital Editor Shares of Netflix were down more than 8% in early trading Thursday, coming after the streamer blew away estimates on subscriber gains for the second quarter — and analysts saying the company continues to be well positioned to weather Hollywood’s double actors and writers strike relative to its peers. But investors had been anticipating a bigger bump from its new initiative to monetize password-sharing accounts. Note that Netflix’s post-earnings stock drop came amid high investor expectations leading into the Q2 report: Shares were up nearly 62% year to date in 2023. Revenue for Q2 came in at $8.19 billion, shy of Wall Street’s $8.3 billion consensus expectations. And Netflix’s guidance for Q3 revenue of $8.52 billion also was less than the $8.9 billion average forecast by analysts. The company added 5.9 million net new subs in the second quarter, more than double expectations, and said it expects to add about the same number in Q3.

Viaplay is letting go of more than 25% of its staff as it pulls streaming out of the U.S. and UK and mulls a sale.

An alarming map of Manchester has revealed which places are 'more than three degrees warmer' on the hottest days, according to a campaign group. The map shows which parts of the city benefit from trees and green spaces.

Todd Spangler NY Digital Editor Netflix is “more than a year out” from any price increases in its major markets like the U.S. as it looks to spur revenue growth from its password-sharing crackdown, CFO Spence Neumann said. The streamer has “largely paused” price hikes after it began rolling out the paid-sharing program starting in May 2023, Neumann said on the Q2 earnings interview. “Most of our revenue growth this year is from growth in volume, through new paid memberships. And that’s largely driven by our paid-sharing rollout,” he said. “It is our primary revenue accelerator in the year.” Netflix most recently raised prices in the U.S. and other major markets in the first half of 2022, under which its Standard plan — its most popular tier, which provides two simultaneous HD streams — increased by $1.50, to $15.49 per month.

It’s over. Bella Hadid and Marc Kalman have called it quits after more than two years of dating.

Cardi B doesn't mind spending  when it comes to her kids!In a recent interview with the, the 30-year-old rapper dished about the perks of her wealth. The «Up» singer admits that as of 2018, she was being booked for $700,000-$800,000 to play a show.

Jennifer Maas TV Business Writer Netflix reported its second-quarter 2023 earnings Wednesday, revealing its subscribers increased by 5.89 million in the quarter ended June 30. At the end of Q1, Netflix’s global subscriber count was 232.5 million. Analysts had project the streamer gaining 1.769 million new subscribers in Q2, which saw Netflix begin notifying customers in the U.S. and other countries that users on their accounts who live outside their households would need to be added as an “extra member” (or pay for their own subscriptions). Wall Street forecast earnings per share (EPS) of $2.86 on $8.3 billion in revenue, according to analyst consensus data provided by Refinitiv. Netflix reported diluted EPS of $2.88 on $8.2 billion in revenue.

Anna Tingley If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission. As brutal heat waves ripple through the country — with more than 50 million people in the U.S alone suffering triple-digit temperatures this week — it’s never been more important to be outfitted with devices that can keep you cool. While air conditioning units and standing fans are a must in a heat wave, another handy, portable and more affordable device has taken over the streets over the past month: handheld fans.