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 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.
Snapchat parent Snap said daily active users jumped 22% or 51 million last quarter year on year to 280 million.
By Cynthia Littleton
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.
It's no secret that Michelle Keegan has had an extremely good start to the year.The 36 year old - who first found fame back in 2008 when she was cast as Tina McIntyre in the ITV soap Coronation Street - has just starred in the major Netflix thriller, Fool Me Once. In the drama, Michelle plays Maya Stern, a mother who is "trying to come to terms with the brutal murder of her husband, Joe." However, while grieving for Joe, "Maya installs a nanny-cam to keep an eye on her young daughter", and is "shocked to see her husband in her house." Upon release, Michelle's performance received instant critical acclaim, and the star herself has since shared how "overwhelmed" she's been with the response.
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.
This year, the SAG Awards took its annual broadcast ceremony in a new direction, streaming it for the first time on Netflix’s YouTube channel.
Rebecca Rubin Film and Media Reporter Netflix shelled out $20 million for global rights to “Hit Man,” a (sort of) true crime comedy from director Richard Linklater and star Glen Powell. The movie, which played to enthusiastic audiences at Telluride and Toronto film festivals, follows Powell as Gary Johnson, a mysterious gun man for hire.
Angelique Jackson Netflix has acquired worldwide rights to “His Three Daughters,” starring Natasha Lyonne, Elizabeth Olsen and Carrie Coon, following its world premiere at the Toronto Film Festival. Netflix had no comment on terms of the deal, which is reported to be for just under $7 million.
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.
Meghan Markle plans to dominate Hollywood - however, she has no interest in directing or acting.
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.
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.
Matt Donnelly Senior Film Writer “Masters of the Universe,” a live-action movie based on He-Man and a slew of other popular Mattel toys, is officially dead at Netflix, according to multiple Variety sources. Insiders said that close to $30 million has already been spent on development costs and the cash that’s been shelled out to hold on to talent – like previously announced lead Kyle Allen and the film’s heatseeking directing duo Adam and Aaron Nee (“The Lost City”). Other knowledgable sources estimate all-in costs for development at twice that figure. The latest headaches for He-Man and friends only further complicates the property’s torturous journey to the screen, one that goes as far back as 2007. It’s a long road that’s crossed through two other studios, Warner Bros. and Sony Pictures, and countless writers and directors like Jon M. Chu and McG. The latest implosion at Netflix, according to five individuals with knowledge of the project, was over budget concerns.
BreAnna Bell Season 2 of “The Lincoln Lawyer” has taken the top spot on Netflix’s Top 10 English-Language TV chart following the release of Part one on July 6. During the July 10-16 viewing window, the first half of the season earned 8.3 million total views and 35.3 million hours viewed. Netflix recently began sharing the total views data in the official top 10 chart, which is calculated by dividing the hours viewed by total run time — which in this case, is 4.14 hours. Season 1 also joined the list of titles at No. 5 with 3.4 million total views. The second half of Season 2 is expected to arrive on Aug. 3, meaning the show could experience another momentum next month. “The Witcher” Season 3 led the list of titles consecutively over the previous two weeks following its June 29 debut. During the June 26-July 2 viewing window, the newest season raked in 15.2 million total views. (Netflix calculates total views by dividing hours viewed by the total runtime). Seasons 1 and 2 also rejoined the Top 10 list at No. 6 (2.6 million views) and No. 7 (2.4 million views) as fans revisited or discovered Geralt, Ciri and Yennefer’s journey. The title came in at No. 2 this week with 6.7 million total views and 32.1 million hours viewed and a run time of 4.49 hours.
Todd Spangler NY Digital Editor Netflix extended its lead as the world’s biggest premium video-streaming platform — gaining a better-than-expected 13.1 million subscribers for the fourth quarter of 2023. The company’s Q4 revenue came in slightly over Wall Street forecasts, while net income fell short. As of the end of 2023, Netflix counted 260.28 million total members globally.
Rebecca Rubin Film and Media Reporter “It’s What’s Inside,” a horror movie that premiered at this year’s Sundance Film Festival, has sold to Netflix for $17 million. The film isn’t playing in theaters and will land directly on the streamer at a yet-to-be-determined date.
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.
You are reading an exclusive WrapPRO article for free. Want to level up your entertainment career? Subscribe to WrapPRO now.“Manifest’s” final installment has topped Netflix’s Top 10 list for its English series. Season 4, Part 2 clocked in 78.15 million hours.
1.5% of companies who asked shareholders to weigh in on executive compensation packages having rejected the pay proposals this year. The rejection comes just days after WGA West President Meredith Stiehm sent an open letter to Netflix and Comcast shareholders calling on them to reject the pay packages in the impending vote.“Netflix’s content pipeline has been blocked, with dozens of projects that were in development or ordered to series as of May 1st unable to move forward until WGA negotiations conclude,” Stiehm wrote in the letter to Netflix shareholders.
BreAnna Bell The reign of “Queen Charlotte” isn’t over yet. During the week of July 17-July 23, the Shondaland title joined Netflix’s most popular titles list at No. 10 with 80.3 million views to date.
Jennifer Maas TV Business Writer The livestream for Netflix’s third annual Tudum fan event garnered 78 million views across all of the streamer’s social platforms Saturday, marking this version — presented in front of 11,000 people in São Paulo, Brazil — as up 86% in viewership from last year’s 41.8 million views, and more than 203% from 2021’s initial 25.7 million. Netflix likely didn’t set out to bring the in-person Tudum crowd to tears during the three-hour event — but once they started flowing, it was a fortunate side effect the streamer proudly displayed on social media. “I wish you could have been there to convey the electricity of the audience and capture those moments,” Netflix chief marketing officer Marian Lee told Variety Tuesday about the streamer’s first attempt at pulling off Tudum as a real-time presentation with an in-person audience, following two years of the virtual-version of the event. “We posted on Twitter crying fans in the audience because it was just like that sort of Beatles moment every time one of their favorites came on stage, there were just sobbing tears in the audience.”
BreAnna Bell It’s a bittersweet goodbye for “Manifest” as Season 4 returned to No. 1 on the Netflix Top 10 during the June 5-11 viewing window. The series picked up 78.15 million hours viewed with the release of its final episodes, making it the most viewed title this week. After landing on Netflix on June 2, the second half of the season didn’t perform as well as Part One — the first half opened with 57.1 million hours viewed while Part Two recorded 39.4 million hours in its first three days of availability. Fans also revisited Season 1, which had 18.18 million hours viewed Coming in at No. 2, “Never Have I Ever” returned for its fourth and final season with 76.21 million hours viewed. Starring Maitreyi Ramakrishnan, the coming-of-age series had over 15 million views. Netflix calculates hours viewed by dividing the total hours viewed (76.2 million) by total runtime (4.9 hours).
ever, let alone when she was a minor.” Netflix reps did not immediately respond to TheWrap’s request for comment. The producers behind the four-part series, Leroy & Morton and Radical Media, according to Dershowitz’s lawsuit, also created a false “he said/she said” angle in its presentation of both Giuffre and Dershowitz’s claims.
BreAnna Bell Season 2 of “Heartstopper” soared to second place on the Netflix Top 10 during the July 31-Aug. 6 viewing window as fans jumped to reunite with Nick and Charlie. After premiering on the service on Aug.
Netflix has revealed the original movies that have had the most viewers on the streaming service!
Reed Hastings, the co-CEO of Netflix, has shelled out a whopping $3 million to a fund opposed to the recall of California Governor Gavin Newsom.
Netflix has revealed the original movies that have had the most viewers on the streaming service!
BreAnna Bell Netflix’s latest limited series starring Matthew Broderick and “Orange is the New Black” alum Uzo Aduba, “Painkiller” opened atop the top 10’s English TV list with 7.2 million total views. Thus, ending “The Lincoln Lawyer” Season 2’s second run in first place following the release of part 2. The procedural drama moved to No.
Mónica Marie Zorrilla The first season of Netflix’s escapist hit “Emily in Paris” was sampled by some 58 million households worldwide in the month after its debut, making it what the streamer described as its “most popular” comedy series of 2020.Netflix disclosed the viewership stat Monday along with the news that production on Season 2 of the Darren Star comedy starring Lily Collins begins today in its namesake city. The series will also shoot in St.
“Squid Game” is now the most-watched series launch in Netflix history, topping such series as “Bridgerton”, “Lupin”, “The Witcher”, the third season of “Stranger Things” and the rest of the streamer’s top series.
Kanye West because a multipart documentary about the rapper is coming soon. Billboard reported Tuesday that Netflix bought the project for $30 million and acquired it from Clarence “Coodie” Simmons and Chike Ozah. Commonly knows as Coodie & Chike, they directed West’s first videos “Through the Wire” and the third version of “Jesus Walks.” It will feature never-before-seen videos and other rare footage of west and has been more than 20 years in the making.
Though “Knives Out” would go on to have some awards recognition and become a sleep box office hit, during the marketing campaign for the Rian Johnson film, the classic whodunnit seemed like a fun little side-project for the cast and crew in between other, more lucrative jobs. I mean, the film had a modest $40 million budget and seemed to be filmed, edited, and released in quick succession as Daniel Craig had a small window before going into the filming of his final James Bond film.
Kanye West's documentary which has been in the making since quite some and as per reports the project may have been picked up by Netflix for a whopping amount. According to Billboard, West's documentary has been picked up by Netflix for USD 30 million and that it will feature the rapper's never-before-seen footage from the past 21 years.
A huge Kanye West project is coming to Netflix.
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