Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer’s recent deal with major cinema chains for Glass Onion: A Knives Out Mystery could be the start of something bigger.
Netflix co-CEO and chief content officer Ted Sarandos tossed cold water on hopes that the streamer’s recent deal with major cinema chains for Glass Onion: A Knives Out Mystery could be the start of something bigger.
K.J. Yossman Stephen van Rooyen, CEO of Sky U.K. and Ireland, is stepping down after almost 17 years at the company.
EXCLUSIVE: Jack O’Connell and Matthew Duckett have joined Golden Globe Winner Emma Corrin in Lady Chatterley’s Lover for Sony’s 3000 Pictures and Netflix. This will be the first film to be produced under the new partnership where Sony Pictures will offer Netflix a first look at any films it intends to make for streaming.
When comedian Stavros Halkias‘s first Netflix special Fat Rascal debuted on the service on Tuesday, it marked the culmination of 15 years of extremely hard work, the last two of which have been particularly “wild.”
The robust, if short-term, theatrical run for Netflix’s Army of the Dead starting May 21 is a sign of the marketplace to come, in the view of Cinemark CEO Mark Zoradi.
Netflix’ crackdown on password sharing, or as the streamer calls it a focus on “paid sharing,” will drive growth for years to come, said the streamer’s co-CEO, addressing a Wall Street concern that benefits may top out this year.
Ted Sarandos is speaking out about the WGA and SAG-AFTRA strikes in Hollywood.
health — and help them avoid pricey loans.Hastings said that in the past five years he and his wife have focused on giving to historically Black colleges, after years of giving to programs for kindergarten through high school.“HBCUs have been so successful in producing Black lawyers, Black doctors, engineers, dentists – all the professional classes.
Nick Vivarelli International CorrespondentDubai-based MBC Group CEO Sam Barnett is navigating what he calls the “difficult transition” of going from being the MENA region’s top satellite free-to-air player to also being its top premium streamer.At the start of the holy month of Ramadan, which is marathon TV time in the region after iftar (breaking fast), Barnett spoke to Variety about how the Saudi-owned broadcaster is managing this feat. Edited excerpts.MBC is now operating in both the linear TV and the streaming space. How’s the streaming side going?We are celebrating this month because we just got data in that [MBC’s streaming service] Shahid VIP has become the market leader in streaming in MENA.
Marissa Mayer, the former CEO of Yahoo, is recalling her time at the tech company and opening up about some regrets.
Todd Spangler NY Digital Editor Coulda, woulda, shoulda? Ten years ago, Yahoo was looking for a “transformative” acquisition, former CEO Marissa Mayer said in a recent interview with Tech Brew. Among the targets the internet company was looking at: Netflix and Hulu. Yahoo ended up buying blogging site Tumblr for $1.1 billion in 2013 — which, to put it mildly, did not pan out as expected. “We looked at a transformative acquisition, and we bought Tumblr,” Mayer said. “At the same time, we were also considering whether it was possible to buy Hulu or, ironically, Netflix. And I think Netflix was $4 billion and Hulu was at $1.3 billion at the time. And either of those, with hindsight being 20/20, would have been a better acquisition.” (Netflix’s market capitalization in May 2013 was $12.7 billion; as of Friday, it was about $143.5 billion.)
Tech Brew, Former Google executive and Yahoo CEO Marissa Mayer talked future plans and past regrets, which included a moment of reflection when she looked back on the unsavory results of acquiring Tumblr over Netflix or Hulu, two of today’s most prominent streaming services.When asked about one thing she would’ve done differently during her time at Yahoo, she gave three examples. First, she noted she would’ve hired a different COO (“I would have hired [current Integral Ad Science CEO] Lisa Utzschneider, who became my chief revenue officer. And that would have been great.”) Second, she named the acquisition of Tumblr as a misfire, at least in part because it came at the cost of snagging Netflix or Hulu.
The head of Netflix is still behind two of the company’s most popular comedians.
Netflix’s ties with Latin America and the region’s much-loved telenovela format go back to the company’s first steps in original production outside of the U.S., when the streamer picked, as its first international original, Gary “Gaz” Alazraki’s “Club of Crows,” a soccer-themed soapy drama about a dynastic sports ownership family.Since then, there have been several further incursions into the world of the novela, including some of the streamer’s most popular ever series such as “Who Killed Sara,” currently filming its third and final season, and “Café con Aroma de Mujer,” “Rebelde” and “The Queen of Flow,” the top three non-English language series on Netflix globally at the time of this article’s publishing, sure to be joined by the second season of “Dark Desire” when it launches on Feb. 2.
Squid Game might soon become streaming service Netflix’s most popular show ever.During an appearance at the Code 2021 conference, Netflix’s co-CEO and chief content officer Ted Sarandos spoke about the popularity and impact Squid Game.
Zack Sharf Digital News Director Zack Snyder appeared on “The Joe Rogan Experience” and championed his recent pivot to Netflix. The 58-year-old filmmaker spent the bulk of his career making movies at Warner Bros., but he made the jump to streaming starting with the 2021 release of his zombie action movie “Army of the Dead.” Snyder’s latest Netflix original was “Rebel Moon,” which debuted in December and kicked off a new space saga for the streaming giant. A second “Rebel Moon” film arrives this spring.
Disney CEO Bob Iger already made his perspective clear about the ongoing guild strikes last week before the SAG-AFTRA one commenced. Now it’s Netflix CEO’s Ted Sarandos‘ turn.
Netflix Co-CEO Greg Peters said the initial verdict is in on paid password sharing — a risky but multi-billion-dollar initiative for the company — and it is positive.
Ted Sarandos wants striking writers and actors to know he is a union man through and through, and he feels their pain – even as Netflix and other studios and streamers have no plans to restart talks with either the WGA or SAG-AFTRA anytime soon.
EXCLUSIVE: Stand-up comic Deon Cole is set to return to Netflix with a third hour-long comedy special, to premiere later this year. While a title and logline haven’t been shared, he’ll tape his new hour at the LA Theater on May 2nd, as part of Netflix Is A Joke Fest 2024.
During a three-day visit to Seoul, Netflix co-CEO Ted Sarandos said the streamer is fairly compensating producers and nurturing new talent, after calls from some local lawmakers and industry figures for more profit-sharing with creators.
Netflix CEO Ted Sarandos is sticking behind his decision to back Dave Chappelle. Chappelle, whose comedy special lives on the streaming site, has received backlash over his use of transgender jokes in his set. Netflix employees walked out of the Los Angeles headquarters in protest of "The Closer." Sarandos told The New York Times he was surprised by the employees' reaction, but stood behind his decision to put Chappelle on the platform.
Netflix co-CEOs Reed Hastings and Ted Sarandos earned, respectively, $43.2 million and $39.3 million in 2020. The pay was up for both. Chairman and founder Hastings earned $38.6 million the year before, when Sarandos took home $34.7 million.
Netflix often gets congratulated for being a bastion of creative freedom, giving filmmakers and creators a chance to make whatever project they want, as long as it attracts eyeballs and subscribers.
criticised by the LGBTQ community over several jokes featured in his special The Closer, where he labelled himself “team TERF” when discussing the controversy surrounding Harry Potter author JK Rowling.In a memo sent after Netflix’s quarterly business review and obtained by Variety, Sarandos offered advice on how managers should handle upset employees and talent critical of Chappelle’s jokes.“Chappelle is one of the most popular stand-up comedians today, and we have a long standing deal with
controversial new stand-up special “The Closer,” Variety reported. Many critics have slammed the 48-year-old’s latest special and urged viewers to cancel him for his controversial remarks about transgender people.“Chappelle is one of the most popular stand-up comedians today, and we have a long-standing deal with him.
If you missed it, Dave Chappelle is facing backlash after making anti-trans and LGBTQIA+ statements in his new comedy special The Closer.
Netflix knows you’re a thief. The streaming service knows you’ve been using the login information given to you from your friend, co-worker, parents, or ex-partner.
Netflix has been tightening its controls on password-sharing, a shift that could reap billions in previously lost revenue, but the company acknowledges it is a delicate process.
Todd Spangler NY Digital EditorNetflix wants people to pay their fair share to access its streaming service.
Lionsgate CEO Jon Feltheimer believes Netflix still has a “tremendous business,” but they “didn’t pivot quite quickly enough” as their subscriber momentum stalled.
Netflix Co-CEO Ted Sarandos said the company is more committed to “sports-adjacent” programming than acquiring live rights.
Todd Spangler NY Digital Editor Netflix just kicked off its big crackdown on illicit password-sharing users this spring — but co-CEO Greg Peters says there’s still a long road ahead of the company on this front. “We’ll be in the password-sharing business for some time,” Peters said, speaking Tuesday at the 2023 Goldman Sachs Communacopia + Technology Conference. According to Peters, Netflix “built an elegant solution” to address the issue of informing users who were piggybacking on someone else’s account that they would need to pay for their own plan (or get added as an “extra member” for an additional fee).
Squid Game is a huge hit!
Tennor Group, the diversified global investment house, has appointed Ron Meyer and Sophie Jordan to be CEO and Co-CEO of the indie film distribution and production services company Wild Bunch AG. Wild Bunch CEO Vincent Grimond will stay on in an advisory capacity and work closely with Meyer and Jordan, the company said.
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.”
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