EXCLUSIVE: Richard Gadd, the creator and star of hit Netflix series Baby Reindeer, has faced questions about his professional conduct after dating a transgender actress who intended to audition for his show.
18.04.2024 - 21:03 / deadline.com
Netflix added 9.3 million subscribers in the quarter ended March 31, reaching 269.6 million worldwide, and outperformed expectations in other key areas in its latest strong financial report.
Revenue and earnings per share both handily exceeded Wall Street forecasts at $9.37 billion and $5.28, respectively. The top line was up 15% from the same quarter in 2023, while EPS came in at nearly double the year-ago period’s $2.88.
In its quarterly letter to shareholders, Netflix made the surprising disclosure that it plans to stop reporting subscriber totals and average revenue per subscriber starting with its first quarter results in 2025.
“In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential,” the letter said. “But now we’re generating very substantial profit and free cash flow (FCF). We are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth. In addition, as we’ve evolved our pricing and plans from a single to multiple tiers with different price points depending on the country, each incremental paid membership has a very different business impact.”
One dent in the quarterly report was Netflix’s revenue guidance for the second quarter. At $9.49 billion, the forecast was a shade lower than many analysts expected, prompting shares to sag 4% in after-hours trading despite the subscriber fireworks.
Taking the long view, the company’s recent quarterly performances have represented a remarkable bounce-back from a grim period. Two years ago, the company was on its knees, with a subscriber base in decline and competition closing in. Its stock has roared back, recently topping $600 a
EXCLUSIVE: Richard Gadd, the creator and star of hit Netflix series Baby Reindeer, has faced questions about his professional conduct after dating a transgender actress who intended to audition for his show.
Naman Ramachandran Indian filmmaker Imtiaz Ali‘s Netflix original film “Amar Singh Chamkila” is a hit for the streamer, bowing at No. 1 across South Asia and No. 5 on its global Top 10 chart.
Unstable is all set to return for a second season on Netflix!
Celebrities rumoured to be appearing on Holly Willoughby's new Netflix show have been revealed.The former This Morning presenter has teamed up with Bear Grylls for new show Bear Hunt, with filming beginning in Costa Rica in May.The show, which is billed as being similar to I'm A Celebrity... Get Me Out Of Here! is set to launch on Netflix, and will see a group of British celebs being dropped into the jungle to face survival expert Bear.The working title of the show is 'Bear Hunt' and will see Holly, 42, journey into the jungles of Central America. The show will see Bear test the celebrity's survival skills and those who don't impress will have to endure the "bear hunt" where he will hunt them down.
Joe Otterson TV Reporter The upcoming Netflix limited series “Black Rabbit” starring Jude Law and Jason Bateman is adding nearly a dozen actors to its cast. In the series, “When the owner of a New York City hotspot (Law) allows his turbulent brother (Bateman) back in his life, he opens the door to escalating dangers that threaten to bring down everything he’s built,” per the official description.
Made In Chelsea star Harvey Armstrong worked as a high-flying accountant before joining the cast of the poshest show on telly in 2019.The reality star, 29, ounder of craft beer start-up Prime Time Lager, made a name for himself on the show as Sophie Habboo’s ex, and then for his rollercoaster relationship with model Emily Blackwell.The latter ended in tears after two years in 2021, after Harvey admitted he had cheated. Here, Harvey, 28, who was speaking to OK! at the launch of 2023 Apprentice winner Marnie Swindell 's newly-refurbished Bronx Boxing gym in London, tells us about the new Turkish cast member he’s dating, Zeylo Taylan - and what his devastating split from Emily taught him… Harvey, you’ve embarked on a new romance - tell us more… Yeah, it’s a new girl on the show this series, Zeyno, she’s really sweet. It’s been a serious thing for a few months now at least.
Van Halen bassist Michael Anthony recently joined Green Day’s Billie Joe Armstong and Mike Dirnt’s side project The Coverups to play a set of covers.Last Saturday (April 20) The Coverups played a gig at the Costa Mesa’s Tiki Bar in Costa Mesa, California. Anthony was brought on stage as a surprise guest.
Ant McPartlin and his wife Anne-Marie are embarking on an exciting new chapter with their baby on the way. While Ant continues to charm the nation on Britain's Got Talent, he's decided to take a breather from his usual presenting roles, including a temporary halt on Saturday Night Takeaway, to dedicate time to family life. He's already embracing his role as step-dad to Anne-Marie's two children from her previous relationship.
Netflix has added a film with a near-perfect Rotten Tomatoes score which has an opening scene fans have hailed 'iconic' - although it leaves some 'screaming.'
BAFTA Unveils Special Award Winner & Host For 2024 Craft Gongs
Todd Spangler NY Digital Editor Netflix made a surprise announcement in reporting its (very good) first-quarter 2024 results this week: The streaming TV powerhouse will stop reporting quarterly subscriber figures starting in 2025. In response, Netflix shares have taken a hit: The stock is down 8.7% Friday on the news, as investors fret that the lack of visibility into the streamer’s customer numbers signals a looming slowdown in the company’s growth.
Jennifer Maas TV Business Writer Netflix reported its first-quarter 2024 earnings Thursday, revealing it added a whopping 9.33 million paid subscribers. Analysts consensus estimates were for Netflix to add 3.93 million paid subs globally in Q1 (to reach 264.21 million), according to StreetAccount. Per Netflix, it has now climbed to 269.60 million subs as of March 31.
Netflix said today it will stop reporting quarterly subscriber numbers starting in 2025, a huge change for the giant streamer whose stock tends to get buffeted up or down (mostly up lately) by those numbers. In a letter to shareholders along with first-quarter earnings, the company said it’s now focused on other metrics and that memberships “are just one component of our growth.”
Six years on since her world came crashing down, Lisa Armstrong is finally ready to put the past behind her - and even extend what looks like an olive branch to her ex-husband, Ant McPartlin. Lisa and Ant were together for more than two decades and married for 11 years. But when their relationship crumbled in early 2018, they decided to call it quits.Their divorce came not long after Lisa faithfully stood by Ant when his career nearly sank, following an alcohol and prescription addiction scandal and drink-driving conviction.
Todd Spangler NY Digital Editor Wall Street is betting that Netflix‘s stream machine continued to fire on all cylinders coming into 2024. After netting a whopping 13.1 million new subs in Q4, Netflix is riding a wave of momentum that continues to be buoyed by the paid-sharing strategy, as it converts password borrowers into paying members, according to analysts.
Since kick starting his career in the world of TV back in 1998 while on CITV, Stephen Mulhern has become one of the most familiar faces on TV.Throughout his 25-year long career, the TV personality has fronted shows including Britain's Got More Talent, Big Star's Little Star and Catchphrase, and more recently became the host of the reboot of Deal or No Deal. But while viewers at home may be cheering on Stephen’s every success, so too will his friends. Having worked in the TV industry for over two decades, the 47 year old has amassed a circle of close pals in the field who he can call on for support.
Bridgerton fans don't have long to wait until the hit show returns for its hotly-anticipated third season.
Back in 2018, fans were left heartbroken when Ant McPartlin announced his split from wife Lisa Armstrong after 11 years of marriage and a total of 20 years together. According to court documents, Lisa filed for divorce as living with Ant had become 'intolerable'.The heartbreak didn't stop there for Lisa, 47, who discovered that Ant had moved on with their former PA Anne-Marie Corbett through the media. Anne-Marie had been employed by the couple for six years and had even organised their 10th wedding anniversary party in 2016.
Lisa Armstrong took to social media with a bold statement just hours after showing rare public support for her ex-husband Ant McPartlin. Earlier, as the final episode of Ant and Dec's Saturday Night Takeaway was set to air, she joined in with fans' reactions to the show's latest offering.
Ant McPartlin's ex-wife Lisa Armstrong made a rare show of support for Ant and Dec during the final episode of Saturday Night Takeaway.