Brazilian crime drama Brotherhood is set to return to Netflix for its second season. The show, set in Sao Paulo in the mid-1990s, earned critical acclaim and a cult following when its first series debuted back in October 2019.
20.04.2022 - 02:11 / thewrap.com
Tuesday’s call. “And allowing consumers who would like to have a lower choice and are advertising tolerant get what they want makes a lot of sense.
That’s something we’re looking at now and figure out over the next year or two, but think of us as quite open to offering even lower prices with advertising as a consumer choice.”Hastings added that such a move was not a “short term fix” to attracting more consumers or driving more revenue. The call’s moderator pointed out that Hastings in the past has been hesitant about introducing ads to Netflix and that he didn’t see the incremental profit potential of an ad-supported tier.
However, Hastings acknowledged that the online ad market has now “advanced” to not have to include all the information and data about people that you used to.“Once you start offering a lower price plan with ads as an option, some consumers take it, and we’ve got a big installed base that probably are quite happy with where they are. So think of it as it would phase in over a couple of years in terms of material volume,” he said.Hastings also made clear that if you still want the ad-free option that you’ll still have that, but they’ll now cater to other tiers as well.
Analysts have been speculating for years that ads could become a possibility at Netflix, but this is among the first time that Netflix brass have openly embraced the idea. Netflix had a weak start to the 2022 fiscal year, reporting a loss of 200,000 subscribers in Q1, dipping to 221.64 million from 221.8 in Q4 of 2021.
And its current projections for next quarter could be even worse, potentially falling another 2 million. But the company also chalked some of that loss up to ongoing password sharing among subscribers, estimating that 100
.Brazilian crime drama Brotherhood is set to return to Netflix for its second season. The show, set in Sao Paulo in the mid-1990s, earned critical acclaim and a cult following when its first series debuted back in October 2019.
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Rita Ora has joined the voice cast of “Kung Fu Panda: The Dragon Knight” at Netflix.The pop singer will voice the Wandering Blade character, described as a “tough English bear knight that joins Po on his globe trotting adventure.”James Hong will return to the franchise, once again voicing Mr. Ping, Po’s adoptive, over-protective father who is always filled with pride for his boy.“Kung Fu Panda: The Dragon Knight” stars Jack Black as the voice of Po.
Nick Vivarelli International CorrespondentReed Hastings made the trek to Rome to open Netflix’s new Italian headquarters in an elegant building just off the Via Veneto of “La Dolce Vita” fame — and the Roman rain gods made sure they knew he was there.Menacing dark clouds interspersed with flashes of sunlight had hovered over the hour-long outdoor presentation of a rich slate of Netflix Italian originals, headlined by a high-end series adaptation of classic Italian novel “The Leopard.” Yet the weather had somehow held up.Right until, that is, a minute after Hastings took the stage.“To start [in Italy] with this facility, with all the creators that we have today, is such an honor, especially as I feel the first drop of rain,” said Netflix’s founder and co-CEO. As it gradually began to pour, Hastings reminisced about the fact that 20 years ago, when his wife and children moved to Rome while he remained in the U.S.
Netflix has opened an office in Italy and unveiled a huge slate of scripted and unscripted series and films from many of the country’s biggest producers, with Co-CEO Reed Hastings detailing the streamer’s roots in the nation.
Nick Vivarelli International CorrespondentNetflix on Friday officially opened its Italian base in Rome, in a classy neoclassical building near the iconic Via Veneto, and announced a substantial slate of originals that stand as testament to what co-CEO Reed Hastings called the streaming giant’s “growing business in Italy.”“The breadth and variety of our Italian slate perfectly represents our ambitions,” said Hastings, who took the stage at the presentation’s conclusion. Hastings took the opportunity to note how pleased he is that Paolo Sorrentino’s “The Hand of God,” which Netflix produced, scooped top honors at Italy’s David di Donatello Awards, the country’s top film prizes, earlier this week.Netflix’s new Italian slate is headlined by a high-end English-language series adaptation of “The Leopard,” the classic Sicily-set novel by Giuseppe Tomasi di Lampedusa.
Matt Blank, interim CEO of AMC Networks, said the company has “no plans” for ad-supported tiers of its family of targeted streaming services including Shudder, Acorn TV and AMC+.
Fans have gone wild over ITV's Liar after the hit drama was recently added to Netflix. Series one of the psychological thriller was initially released in 2017 and centres on newly-single school teacher Laura (played by Joanne Froggatt) who goes on a date with widower surgeon Andrew Earlham (Ioan Gruffudd). It was a huge hit at the time, with ITV going on to commission a second series, which arrived on screens in 2020.
A Netflix shareholder has sued the streamer for violating securities law after slowing subscriber growth led to a sharp decline in the company’s stock price.
Space Force has been cancelled by Netflix after two seasons.The streaming platform announced that the Steve Carell-led comedy series, which he co-created with The Office showrunner Greg Daniels, will not be returning for a third run of episodes.This comes just two and a half months after the release of the second season, which has received middling to negative reviews from critics.A parody of ex-president Donald Trump’s genuine desire to establish a Space Force as the sixth branch of the US military, Space Force centres on the everyday failings and absurd antics of General Mark R. Naird (Carell) and his team as they launch various space-related operations.Alongside Carell, the show starred John Malkovich, Ben Schwartz, Tawny Newsome, Jimmy O.
Charter CEO Tom Rutledge says Netflix’s recently announced plan to limit password sharing is “a point we’ve been trying to make for years.”
New users online! A new group of social media mavens are logging on for season 4 of The Circle — and things are looking spicy this time around.
Leaving the drama onscreen! While the intensity never lets up for the Byrde family (and everyone in their orbit) on Ozark, the actors’ real lives are a little more relaxed — which makes the transformation into their characters awe-inspiring, even for costar Jessica Frances Dukes.
Netflix subscribers in the UK share passwords between friends and family, according to research.As reported by research firm Digital i (via the Guardian), it’s estimated at least 27 per cent of Netflix’s 14.9million subscribers in the UK, over four million accounts, share their accounts with other households. It’s believed the real figure, however, could be higher.Ali Vahdati, Digital i chief executive, said: “Our estimates came from analysing account activity, and we corroborated this with various other sources.
If you're still watching Netflix on your ex's roommate's account, that access may not last much longer: Netflix is considering cracking down on password sharing, according to a report from the Associated Press. The streaming platform may also add a new, lower-cost subscription tier supported by ads, similar to its rival Hulu's.
Netflix, seen as the big dog in the streaming wars, just saw 200,000 people cancel their subscriptions as announced by the company. The streaming giant recently closed up shop in Russia due to the country’s brutal invasion of Ukraine, following multiple other western companies including fellow streamers who ceased operating there.
Jennifer Maas TV Business WriterThe finale of CNN+’s “Land of the Giants: Titans of Tech,” titled “The Netflix Effect,” launches Thursday, perfect timing for an entertainment industry that is both reeling amid Netflix’s shocking Q1 subscriber miss, poor second-quarter outlook and the wait to see if CNN+ can find its groove as quickly as it might need to in order to survive.Based on the “Land of the Giants” podcast from Vox Media’s Recode, the CNN+ docuseries explores the complicated histories of Meta (a.k.a. Facebook), Apple, Amazon, Google and now Netflix.