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.
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.
Todd Spangler NY Digital Editor Netflix is seeing strong growth of its advertising-based plan, having recently eclipsed 23 million global monthly active users, president of advertising Amy Reinhard said. Reinhard spoke Wednesday at the Variety Entertainment Summit at CES 2024 at Las Vegas’ Aria Resort and Casino.
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.
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.
Todd Spangler NY Digital Editor Netflix touted strong momentum for its push into advertising, claiming subscribers on its ad-supported tier nearly doubled in the second quarter of 2023. However, the streamer said, advertising revenue in Q2 was still not material in the context of its overall business. The company announced Q2 earnings Wednesday. Overall, Netflix netted 5.9 million new paid subscribers, amid its broader crackdown on password-sharing violators. On the ad front, “While we continue to grow our reach — ads plan membership has nearly doubled since Q1 — it’s still off a small membership base, so current ad revenue isn’t material for Netflix,” the company said in its quarterly letter to shareholders. “Building an ads business from scratch isn’t easy and we have lots of hard work ahead, but we’re confident that over time we can develop advertising into a multibillion-dollar incremental revenue stream.”
Six months after the landmark debut of its ad-supported subscription tier, Netflix said the plan has hit 5 million monthly active users globally.
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.
Netflix is rolling out a new feature called My Netflix, which will replace the Downloads tab on the bottom right of the home screen on iOS apps starting today.
Todd Spangler NY Digital Editor Netflix has rolled out a new feature designed to — what else? — get you to stream as much as possible on the service. Starting Monday, Netflix’s app is adding My Netflix, a new tab described as a “one-stop shop tailored to you.” The My Netflix tab supersedes the Downloads tab on the app, where users could find and watch the TV shows and movies they had saved for offline viewing. My Netflix provides a consolidated view of users’ downloads; a list of TV series and movies they have given a “thumbs up” to; shows and films saved to their My List watch list; trailers they have watched; reminders they have set for upcoming releases; a list of titles that they’re in the middle of watching; and what they’ve recently watched.
Netflix continued to add subscribers in the U.S. at a high rate in July after initiating a crackdown on password sharing in May, according to new data from research firm Antenna.
Fresh off its formidable sweep at the 73rd annual Emmy Awards, Netflix’s The Crown will come back for even more royal drama next year.
Maury the Hormone Monster takes center stage in the latest teaser art for Big Mouth‘s upcoming Season 5.
The TUDUM virtual fan event was presented and hosted by Netflix Anime V-Tuber N-ko, highlighted by the Drifting Home news, the next feature film project by Studio Colorido, the team behind 2020’s A Whisker Away.
Emily in Paris will make its retour au Netflix next year.
Wallace and Gromit are returning to screens for the first time in more than 15 years, with the BBC and Netflix snapping up Aardman’s latest animation, while Netflix has unveiled first look and cast for Aardman’s Chicken Run: Dawn of the Nugget.
Netflix has some chilling and thrilling new titles coming out in the next couple of months!- Just Jared Jr A Time cover is going to create some controversy – Celebitchy See the trajectory of Megan Fox‘s love life – Popsugar Addison Rae will no longer be doing this! – Just Jared Jr
Netflix CFO Spencer Neumann addressed the decision to pull out of Russia and pushed back ever-so-slightly less firmly than the notion of advertising being introduced to the service.
Todd Spangler NY Digital Editor After just more than a year at Netflix booting up the streamer’s ad business, Jeremi Gorman is leaving the company. Amy Reinhard, previously VP of studio operations, will succeed Gorman as president of advertising. The change comes as Netflix announced two other notable C-suite appointments Tuesday, promoting Eunice Kim to chief product officer and Elizabeth Stone to CTO.
Brooklyn Beckham may soon follow his parent's recent Netflix success, and be the subject of his own docu-series from the streaming giant.The recent Beckham family series focuses on David Beckham's meteoric rise to become one of the most famous football players in the world and his relationship with Victoria Beckham.The popular docu-series gave some insight into the pair's marriage, including showing Victoria teased by David for claiming she’s from a “working class background” as well as exploring David's alleged affair with his former personal assistant Rebecca Loos. And it seems that there may be another Beckham documentary on the horizon, this time focusing on Brooklyn and wife Nicola.
Brian Steinberg Senior TV Editor CBS is out; Netflix is in. Nothing encapsulates the tumult in television these days more than the fact that CBS, one of the pillars of network television, has decided not to attend the industry’s traditional upfront week — when media giants make glitzy programming presentations to prospective advertisers — while Netflix will make its debut. A year ago, when Netflix announced it would launch a subscriber tier supported by advertising, it was a seismic event in the history of the industry’s leading streamer. But so far, there’s been no quaking on Madison Avenue.
#LoveIsBlindLIVE will be on in 15 minutes!” Netflix tweeted at 5:02 PM PT, just minutes after the live reunion was expected to begin. As of 40 minutes into the start of the special, the event had not begun livestreaming for many.The delayed start frustrated many “LIB” fans, even Rep.
Bad news for fans of Sex/Life!
Netflix has sparked an outcry by listing a vacancy for a new $900,000-a-year product manager role for their AI Machine Learning programme in the midst of the SAG-AFTRA strike.The Screen Actors Guild (SAG-AFTRA) union went on strike earlier this month, after negotiations broke down with the Alliance of Motion Picture and Television Producers (AMPTP) over streaming residuals and safeguards against AI technology.According to the job description, the Product Manager position will focus on “increasing the leverage of our Machine Learning Platform.” The MLP is Netflix’s in-house AI program, which has traditionally been used to power the streamer’s algorithmic recommendations. Per Netflix’s research page, the company is now making more use of the program to “optimise” film and TV production, although it’s not clear how they plan to do so.We all know one of the biggest issues both of the striking guilds, the WGA and SAG-AFTRA, have with AMPTP’s offer for a new contract is a lack of protection against and regulation of AI.
Disney Hires Netflix EMEA Exec Emma Smart Disney has recruited Emma Smart, Netflix’s London-based director of business affairs for original series, as its VP for business affairs, originals. Smart will report to Diego Londono, Disney’s EVP, media networks and content, negotiating UK-based original productions, as well as having oversight of European production deals.
Netflix’s landmark entry into ad-supported streaming, which began last November, is off to a “solid” start and will soon bring in at least $3 billion in annual revenue, executives said.
Netflix Co-CEO Ted Sarandos affirmed recent comments from the company that they are not — despite strong indications from insiders as recently as last month — intending to bid on sports rights.
Netflix said it’s targeting an early 2023 launch for a cheaper advertising tier as it seeks to stem subscriber losses and hopefully turn them back up. It will roll the plan out in a handful of markets first but didn’t say which ones.
Zack Sharf Johnny Depp’s return to acting following his defamation trial against Amber Heard is not being backed by Netflix. Bloomberg reported that the Depp-starring French movie “La Favorite” is receiving “financial backing” from Netflix, but a source close to the streaming giant told Variety this reporting is not true. Netflix is not financing the movie but has licensed the film to stream in France only after it completes the country’s 15-month theatrical window.
Netflix co-CEO Reed Hastings finally acknowledged what most people outside of the company have been saying for years: In order to keep growing, the company will need to incorporate ads.
It’s been a tough few weeks for Netflix. The streamer lost subscribers for the first time in over a decade and its market value took a battering, losing over $50 billion in one day after its disappointing first quarter earnings.
By Jill Goldsmith
Robbie Praw, VP of Stand-up and Comedy Formats at Netflix, announced on Monday that the streamer will be showcasing highlights from the 11-day “Netflix Is a Joke: The Festival” stand-up comedy event held in Los Angeles, including Pete Davidson riffing on Kanye West’s bizarre social media onslaught, Amy Schumer telling a joke she wasn’t allowed to do at the Oscars, and David Letterman commenting on the recent attack on Dave Chappelle.The month-long comedy rollout begins with “The Hall: Honoring the Greats of Stand-Up,” on May 19, which has John Mulaney paying tribute to Robin Williams, Dave Chappelle on Richard Pryor, Chelsea Handler on Joan Rivers and Jon Stewart to George Carlin. The remaining programs are as follows:Also coming up is a Gabriel “Fluffy” Iglesias special filmed in front of Netflix’s largest-ever audience at a sold-out Dodger Stadium.“These shows represent some of the best work we’ve done at Netflix, with the best comedic talent on the planet. We’re so grateful to everyone who performed, helping to create the biggest comedy festival in U.S.
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+.
“The Eddy” is opening soon and Netflix is ready for it.
The mammoth cast of Rian Johnson’s murder mystery sequel, Glass Onion: A Knives Out Mystery, sidestepped spoilers and jumped over plot lines as they presented their film Sunday morning at a London Film Festival press conference.
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