Netflix stock plunges as subscriber growth worries deepen

EXCLUSIVE: Netflix won a 6-way bidding battle for the rights to turn the short story Backwards into a feature. Free Guy helmer Shawn Levy is attached to direct. He and Dan Cohen will produce for 21 Laps, and Joby Harold and Tory Tunnell will produce for Safehouse.

Stacey Solomon is reportedly struggling with her wedding guest list as the mum-of-four “can’t invite everyone”. Stacey got engaged to fellow TV star Joe Swash in December 2020, and the pair are aiming to tie the knot this summer.The 32 year old shares two children with her former EastEnders actor fiancé – Rex, two, and baby Rose. She is also mum to sons Zachary and Leighton.

Naman Ramachandran Netflix has doubled its budget to €500 million ($571 million) for German-language productions between 2021 and 2023 and has revealed a raft of new projects.On Tuesday, the Netflix German-language team presented a selection of 19 productions, including previously announced projects, at the Content Remote Show. The shows are from Germany, Austria and Switzerland.

Stressed Stacey Solomon: 'I'm sick of the fighting'How Rose will be the star of Stacey Solomon's big dayStacey Solomon: ‘You can’t be 100% confident all the time’“Stacey doesn’t want any negativity connected to her big day – she wants it to be perfect – and now she worries that there could be a cloud hanging over it,” an insider tells heat of the mum of four’s impending nuptials to fiancé Joe Swash. “She hates being in the middle of other people’s disagreements, or having to play peacekeeper, and now she suddenly feels as though she has to tip-toe around the subject of her wedding with her colleagues.

Stacey Solomon had reason to celebrate on Friday after the Loose Women panellist marked reaching five million followers on Instagram.PHOTOS: 13 Loose Women hosts' glittering engagement rings: Stacey Solomon, Ruth Langsford and moreTo honour the event, the star shared a photo featuring her husband, Joe Swash, and her four children, Zach, 13, Leighton, nine, Rex, two, and Rose, who is just four months. The family were all gathered around as Zach held aloft two golden balloons signifying the event.

Netflix has assembled the young series regular cast of That ’90s Show, a follow-up to hit sitcom That ’70s Show.

Rebecca Rubin Film and Media ReporterMaybe you’ve been patiently waiting two years for director Rian Johnson’s “Knives Out” sequel. It could be the team-up of Ryan Gosling, Chris Evans and Ana de Armas in “The Gray Man” that strikes your fancy.

sequel.In the quick clip towards the end of the promo, Daniel Craig's Detective Benoit Blanc is seen boarding a boat in the Mediterranean, along with some of new A-list cast members, like Kate Hudson, Kathryn Hahn, Leslie Odom Jr. and more.

Shares in Meta Platforms, the tech giant formerly known as Facebook, plunged in after-hours trading after the company missed Wall Street forecasts for earnings in the fourth quarter.

Joe Otterson TV ReporterNetflix has ordered the drama series “The Brothers Sun” from co-creators Brad Falchuk and Byron Wu, Variety has learned.The streamer has given the series an eight-episode order. It follows a Taipei gangster, Charles Sun, who’s settled into his life as a ruthless killer. But when his father is shot by a mysterious assassin, Charles must go to L.A.

Naman Ramachandran Krishna D.K. and Raj Nidimoru, best known for hit Amazon Prime Video India series “The Family Man,” are partnering with Netflix on series “Guns & Gulaabs” under their D2R Films banner. “The series is set to uniquely blend the romance of the 90s with a crime thriller while effortlessly lacing it in humor,” according to Netflix.

Emma Roberts treated herself to a holiday following her breakup with Garrett Hedlund!

Stacey Solomon wears red hair so perfectly that it’s hard to remember a time when she was just a regular brunette. Now, just a couple of months after opting for a block “Ariel from The Little Mermaid” red colour, she’s switched up her tone again in favour of a bold blackberry hue with purple undertones.The 32 year old, who just gave birth to baby daughter Rose Opal Esmè in October 2021, showed off her new colour with her 4.9 million Instagram followers.The tone can be seen in a new post dedicated to her fiancé Joe Swash for his 40th birthday, but also in better detail on her makeup artist Penelope Ryan’s Instagram page.

Todd Spangler NY Digital EditorNetflix shares — after dropping 30% over the past week — rose more than 4% in after-hours trading Wednesday after Bill Ackman, head of the Pershing Square Capital Management hedge fund, disclosed that his firm had bought more than $1 billion worth of the streamer’s stock.Starting last Friday (Jan. 21) and over the next several days, Pershing acquired more than 3.1 million shares of Netflix, “making us a top-20 shareholder in the company,” Ackman wrote in a letter to the hedge fund’s investors.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news, and more.The hedge fund scooped up the stake in Netflix after the stock took a nosedive following its fourth-quarter 2021 earnings report, in which it forecast a much smaller-than-expected subscriber gain in the first quarter of 2022 — fueling investor fears that the category leader was losing steam.

Netflix rose handily in after-hours trading Wednesday following news that Bill Ackman’s Pershing Square Capital has acquired more than 3.1 million shares to become a top-20 stockholder.

After having their wedding postponed four times in six years, Brad Garrett and IsaBeall Quella have finally said, “I do.”

Naman Ramachandran Netflix and Sky are co-producing for the first time on natural history series “Predators,” a six-parter that will follow six predators across changing landscapes. The series will premiere on Sky Nature in the U.K., Germany and Italy in winter 2022.