Netflix Says Password-Sharing Solution A Year Away, Reed Hastings Vows To “Get Back Into Investors Good Graces”

Netflix’s hit K-drama Squid Game made surprise appearances at locations around London today, ahead of the BAFTA TV Awards.The show, which premiered on the streaming platform last year, was nominated for two categories at tonight’s (May 8) ceremony – International and Virgin Media’s Must-See Moment for its “red light, green light” game.Before the event kicked off, the ominous, red-clad figures surprised fans across London, popping up at landmarks including Buckingham Palace and Piccadilly Circus. The three costumed guards posed for selfies and recreated The Beatles’ iconic album cover at Abbey Road.Other locations visited by the anonymous guards included Embankment Bridge, Southbank and the Royal Festival Hall.

Lionsgate CEO Jon Feltheimer believes Netflix still has a “tremendous business,” but they “didn’t pivot quite quickly enough” as their subscriber momentum stalled.

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+.

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.

After Dave Chappelle was knocked to the ground during his Netflix Is a Joke festival set, his attacker has since been identified and arrested.

Dave Chappelle was attacked on stage after a person interrupted his performance at the Netflix Is a Joke festival in Los Angeles.

Dave Chappelle has been attacked by a man during a Netflix stand-up show at the Hollywood Bowl.Footage has surfaced online from last night’s show (May 3) which appears to show a man charging and tackling the comedian.The man was then said to have been dragged away by security, according to The Hollywood Reporter.Following the incident at the Netflix Is A Joke festival, Chappelle regained his composure and joked that “it was a trans man” in reference to the backlash last year over his stand-up special The Closer, where he described himself as “team TERF” as he spoke on the controversy surrounding J.K. Rowling.Dave Chappelle just got attacked on stage pic.twitter.com/E4gAfmkPgQ— Hoodville (@Hoodville_) May 4, 2022Here is a video of the aftermath.

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.

David Zaslav and Endeavor’s Ari Emanuel scored nine-figure compensation packages, a Day-Glo illustration of the lengths that board rooms go to reward the men (and it is exclusively men) at the top. Those gaudy figures came largely in the form of stock options, which means the take-home pay could shrink if the market takes a nosedive, but both men are still among the most richly remunerated in this or any industry.

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.”

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.

AT&T CEO John Stankey said managing passwords is a key to long-term sustainability in the streaming business and something he and his team had in mind well before HBO Max launched. He made the comments on a call with analysts following AT&T’s latest earnings and two days after Netflix revealed that 100 million viewers use its service for free by sharing passwords.

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.

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.