EXCLUSIVE: Netflix is developing a limited series adaptation of John Steinbeck’s classic novel East of Eden with Zoe Kazan writing and exec producing and Florence Pugh attached to star and co-produce.
EXCLUSIVE: Netflix is developing a limited series adaptation of John Steinbeck’s classic novel East of Eden with Zoe Kazan writing and exec producing and Florence Pugh attached to star and co-produce.
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.
Rebecca Souw There’s more to Korean TV than a greenlit second season of “Squid Game” and Ted Sarandos, Netflix co-CEO, shed new light on what’s making the “Korean wave” worthy of large-scale commitment. After meeting with leading helmer Park Chan-wook (“Oldboy” and upcoming series “War and Revolt”) and 100 film students a day earlier, Sarandos on Wednesday held a public forum at Seoul’s Four Seasons Hotel on the future of Korean content. The abundant glad-handing follows a public commitment made in April to spend $2.5 billion on original Korean content over the next four years. “[Korean content] is very often unpredictable and catches the American audience by surprise,” said Sarandos at the event. “I think what’s brilliant is to see film, unscripted and series all grow according to the interests of our Korean audience.”
Cynthia Littleton Business EditorNetflix is going deep on Dr. Seuss. The streamer has ordered three animated series and two specials inspired by classic works from the beloved author that will anchor an expanded slate of content aimed at preschoolers.Netflix has ordered series based on “One Fish, Two Fish, Red Fish, Blue Fish,” “Wacky Wednesday” and “Horton Hears a Who!” from Dr.
Cynthia Littleton Business Editor Nah Yung Suk, one of South Korea’s most successful TV producers, says the content marketplace in his home country has been divided into two distinct eras: “Before Netflix” and “After Netflix.” On the latest episode of Variety podcast “Strictly Business,” Nah Yung Suk offers his observations on the rise of Korean popular culture throughout the world. The producer’s latest series reflects the incredible global growth of content imports and exports: “Jinny’s Kitchen,” an unscripted series for Amazon Prime Video, revolves around the opening of Korean street food restaurant in a small town in southeastern Mexico.
Naman Ramachandran Netflix has revealed its upcoming 2024 Indian slate and Monika Shergill, VP, content has outlined the streamer’s commissioning philosophy and strategy for the country. New titles on the slate include: Luv Ranjan comedy film “Wild Wild Punjab”; Neeraj Pandey heist film “Sikandar Ka Muqaddar”; scripted Anubhav Sinha thriller series “IC 814: The Kandahar Hijack”; Kapil Sharma’s unscripted comedy series “The Great Indian Kapil Show”; and cricket themed docu-series “The Greatest Rivalry – India vs Pakistan,” featuring top Indian and Pakistani cricketers.
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.
EXCLUSIVE: Netflix has handed control to its Arabic content slate to long-serving exec Nuha El Tayeb following the exit of Ahmed Sharkawi.
Netflix is hoping that its paid sharing option will “accelerate” revenue growth in the second half of 2023, the streamer revealed during its second quarter earnings report. This news comes in the wake of the company’s mass password crackdown. The streamer officially launched its paid sharing option in May, allowing users outside of a subscribed household to subscribe to the household’s plan for an additional monthly fee.
Netflix has found itself with cash to spend thanks to the writers and actors strike.
EXCLUSIVE: Netflix has taken remaining worldwide territories including in the U.S. on Maggie Gyllenhaal’s directorial debut The Lost Daughter. Starring Olivia Colman, Jessie Buckley, Dakota Johnson, Peter Sarsgaard and Paul Mescal, the drama is set to world premiere in competition at the Venice Film Festival next month. The deal was negotiated by Endeavor Content and includes most major markets.
EXCLUSIVE: There’s a famous line from the Spanish poet Antonio Machado that is familiar to most Spaniards: “Caminante, no hay camino. Se hace camino al andar,” which translates as “Traveler, there is no path. The path is made by walking.”
Kimiko Glenn is opening up about her Orange Is the New Black pay amid the ongoing SAG-AFTRA strike — and it’s starting to sound like copper is the new green. (In other words, gurl got PENNIES instead of dollars!)
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.
An employee who works for Netflix has been fired after leaking information on how much the company paid for various programs, including the hit series Squid Game and the recent Dave Chappelle special.
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.
EXCLUSIVE: League of Legends and Valorant publisher Riot Games continues to bolster its entertainment division as former Netflix executive Brian Wright joins the studio as Chief Content Officer.
upcoming animated series called “Arcane,” which ties into “League of Legends” and is an event series for Netflix. “Brian is a dynamic leader with creative instincts that led to many shows that penetrated pop culture and delighted audiences around the world while working with the best showrunners, directors and creators in entertainment,” Spenley said in a statement.
committed to invest US$2.5billion on new South Korean TV shows and films.“[Korean content] is very often unpredictable and catches the American audience by surprise,” Sarandos said at the event, per Variety. “I think what’s brilliant is to see film, unscripted and series all grow according to the interests of our Korean audience.”He added that “great stories can come from anywhere and be loved anywhere [and] nowhere has this proven more true than here in Korea”, per Yonhap News Agency.Over the past two years, Netflix has released a number of hit Korean series and films, from the global phenomenon Squid Game, to the thrilling revenge series The Glory, to the reality TV series Single’s Inferno.Sarandos added that 60 per cent of all Netflix subscribers have watched at least one Korean title, while viewership of Korean content is up sixfold over the past half decade.During the event, the Netflix co-CEO also spoke about how the company is looking to use its US$2.5billion investment plan to “grow the industry” in Korea.
told the Los Angeles Times that attempts to arrange a meeting with Netflix — to demand that members be compensated with the same residual model as American members of SAG-AFTRA — have gone unanswered for months.“One of [Netflix’s] first priorities when entering the local market should be to establish some channel of communication with groups like us,” the country’s answer to Fran Drescher said.“But there’s no answer at all.”Residuals have recently been in the news as American actors and writers striking for fair compensation post their often insultingly meager checks, ranging from a single penny to a few dollars. As opposed to the royalties paid in broadcasting, residuals must be paid in perpetuity to actors in the United States, based on how many times their films and shows are streamed.
Netflix has launched yet another feature to help make the title selection process for TV users across the globe feel less like a task.
Netflix has announced a slate of Japanese dating, comedy and reality shows, part of a wider push into Asian unscripted content, which also takes in South Korea and India.
Todd Spangler NY Digital EditorNetflix’s multibillion-dollar content spending continues paying off: The lion’s share of U.S. consumers say the streamer has the best original programming, according to a new Morgan Stanley survey.Netflix remains the most frequently cited as offering the best original programming — with 38% of survey respondents picking it as No.
its dominance over the rest of the streaming landscape has shrunk from 29% — a drop of nearly one third- as more services like HBO Max and NBCU’s Peacock have debuted in the last year.In its shareholder letter, Netflix said it doesn’t believe “competitive intensity materially changed in the quarter or was a material factor in the variance as the over-forecast was across all of our regions.” The company said the subscriber-miss was due primarily to a harder time acquiring new customers, since
first published by Variety and dated Monday, Sarandos added to remarks he’d already made in defense of the comedy special.
Hours after a memo by Netflix’s co-CEO declaring that trans remarks in Dave Chappelle’s latest special didn’t “cross the line” was made public, one of the nation’s leading LGBTQ+ advocacy organizations has called out the streamer for some serious hypocrisy.
Claudia Eller Co-Editor-in-ChiefI’m still trying to get my head around why Netflix would pay a jaw-dropping $468 million for two “Knives Out” sequels — plus the right to make a third if writer-director Rian Johnson signs on.Yes, the original campy murder-mystery hit, produced by MRC and released by Lionsgate in 2019, earned $311 million in global ticket sales, returning a tidy profit for a movie that cost about $45 million to make.And yes, I understand that Netflix wants and needs a big,
Elaine Low Senior TV WriterNetflix and Shonda Rhimes are extending their creative relationship, inked in 2017, beyond television to feature films and gaming.Under the terms of the expanded deal, which encompasses Rhimes’ Shondaland Media and her longtime producing partner Betsy Beers, Netflix and Shondaland will exclusively produce, stream and distribute feature films in addition to potential gaming and virtual reality content.“When Ted and I decided to break the traditional network TV business
Netflix has revealed that it will spend $17B on content in 2021 – on par with its 2020 spend.
Elaine Low Senior TV WriterNetflix revealed that it will spend over $17 billion on content this year, according to its first-quarter earnings report.“As we’ve noted previously, the production delays from Covid-19 in 2020 will lead to a 2021 slate that is more heavily second half weighted with a large number of returning franchises,” said the company in its letter to shareholders.
Calm, the Los Angeles based mental-health focused company and eponymous app, has hired Netflix’s Monica Austin and TikTok’s Greg Justice as VPs of, respectively, marketing and content.
Netflix is releasing a director’s cut of the Zack Snyder film that will have “close to an hour of extra content” and fans don’t have to campaign for it to see the light of day.
Patrick Frater Asia Bureau ChiefNetflix is to lease two sound stages at Toho Studios in order to help the streaming platform expand its production of original Japanese content.The move was announced Thursday (local time) in a blog post by Ozawa Teiji, Netflix’s manager for production management and live action in Japan.The streamer will have access to both Stage 7 and Stage 10, and several in-studio facilities within Toho Studios, which is located in central suburban Setagaya Ward in Tokyo.
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).
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