Netflix’s New Pay-To-Share Password Setup: “We’re Seeing That It’s Working,” Co-CEO Greg Peters Says In Q2 Earnings Interview

Endeavor Group Holdings CEO Ari Emanuel pledged loyalty to company clients involved in Hollywood’s dual strikes and the company said it expects a $25 million monthly hit to revenue from the labor impasse.

UPDATED with additional strike comments. The CW had to delay four scripted shows produced by minority stakeholders Warner Bros. Discovery and Paramount due to the writers and actors strikes, but it does not expect any further impact from the labor impasse.

Paramount Global CEO Bob Bakish isn’t ruling out the possibility of the company teaming with other players in the media space to create a more viable streaming bundle.

Bob Bakish, CEO of Paramount Global, has found himself on his second earnings call discuss a strike in Hollywood.

AMC Networks CEO Kristin Dolan offered a wish for labor peace, but she also said the dual WGA and SAG/AFTRA strikes wouldn’t begin to threaten the company’s programming supply until “well into 2024.”

JJ Watt is a new Peloton member and he’s already at the top of the class.

Sports and news programming will be coming “soon” to Max, according to Warner Bros. Discovery CEO David Zaslav.

McKinley Franklin editor Netflix has debuted a slate of first-look photos for the final season of its series “Sex Education,” which is set to premiere on Sept. 21.

Victoria Fuller may have just silenced speculation about her romance with Greg Grippo.

Amanda Holden appears to have baffled her fans as she posed alongside her rarely-seen husband. The Britain's Got Talent judge said last week that she was enjoying an idyllic getaway with her beau Chris Hughes as she shared a new bikini snap to social media.

UPDATED with latest: Pete Davidson — charged in June with misdemeanor reckless driving for allegedly losing control of a Mercedes-Benz and crashing into a home in Beverly Hills — is being allowed to enter an 18-month diversion program, the Los Angeles County District Attorney’s Office confirmed today.

are back to being animated in the latest feature film,, with Ice Cube as one of the many A-list stars lending his voice to the cast. While speaking to ET's Will Marfuggi about the upcoming theatrical release, the 54-year-old performer opens up about his friendship with co-writer, co-director and co-executive producer Seth Rogen and shares an update on the status of the long-awaited sequels in the and film franchises. In the latest installment in the movie franchise, Cube voices the villain, Superfly, a mutant fly who wants all mutants to have dominance over humans. And for the performer, it was exactly the kind of character he likes to play. «You want to do characters that make an impact,» he says.

Sony Pictures Entertainment Chairman and CEO Tony Vinciquerra has claimed the AMPTP offer made to the actors union was “the best offer that has ever been made to the SAG-AFTRA group.”

TelevisaUnivision CEO Wade Davis said the dual strikes crippling Hollywood have “zero impact” on his company’s operations due to the Hispanic media giant’s programming supply chain.

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.

Follow OK! on Threads here: https://www.threads.net/@ok_mag Olly Murs' new wife Amelia has shared an exciting update on social media only a couple of days after their joyous wedding day. The blonde bombshell, who tied the knot in a special ceremony to the love of her life, 39 year old Olly, at the weekend, has officially changed her name on her Instagram page. Now listed as Amelia Murs in her bio, the star, 31, whose maiden name was Tank, has also opted to update her username handle too, as she's now searchable as amelia.murs.

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.

Parents who are liable for the high income Child Benefit charge will no longer have to register for Self-Assessment in the future in order to pay it. Instead of submitting a tax return to HM Revenue and Customs (HMRC), working parents will be able to pay it through their tax code.

Twitter has started sharing advertising revenue with select users with large followings, with some of the initial $5 million in payouts going to far-right influencers.

Well, Warner Bros. Discovery CEO David Zaslav already put his foot in his mouth responding to the WGA writers’ strike, so now it’s Bob Iger‘s turn.