After reporting better-than-expected subscriber growth and marking a key financial milestone, Netflix is seeing its shares hit a new high on a wave of euphoric reaction from Wall Street.
After reporting better-than-expected subscriber growth and marking a key financial milestone, Netflix is seeing its shares hit a new high on a wave of euphoric reaction from Wall Street.
Wall Street reviews of Netflix’ latest earnings ranged from upbeat to more cautiously optimistic, with the latter taking hold today after a major jump in net new subscribers failed to ignite sales last quarter.
Netflix is gearing up to once again open the quarterly earnings season for entertainment companies, providing its first-quarter subscriber and financial update after the stock market close on Tuesday. After a record-setting 2020 that it ended with more than 200 million global subscribers, helped by stay-at-home orders due to the coronavirus pandemic, management has projected 6 million subscriber additions globally for the opening period of 2021.
Netflix stock closed the week at its highest level since last April, rising more than 8% Friday to end at $342.50 after the company reported strong subscriber growth and executed a smooth handoff atop its executive ranks.
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 topped Wall Street estimates across the board in the third quarter, marking the start of what the streaming giant hopes is its big comeback.
Netflix stock dipped 1% to close the week at $230 a share as debate continued on Wall Street about the financial impact of the company’s embrace of advertising.
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.
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.
Hardly any other movie of the past decade is as big, bawdy, and debaucherous as Martin Scorsese‘s “The Wolf Of Wall Street.” And Margot Robbie would know. Scorsese’s bananas banking biopic was the Australian actress’ stateside breakout.
Hardly any other movie of the past decade is as big, bawdy, and debaucherous as Martin Scorsese‘s “The Wolf Of Wall Street.” And Margot Robbie would know. Scorsese’s bananas banking biopic was the Australian actress’ stateside breakout.
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.
The multi-hour streaming presentation by ViacomCBS on Wednesday about its soon-to-be-rebranded streaming service Paramount+ has not proven to be a short-term tonic for the company’s stock price.
electric car company wasn’t added to the S&P 500 on Friday afternoon. The decision came as a surprise for many analysts and investors who had expected Tesla, which is led by Elon Musk, to join the benchmark index after surging more than 400% since early April.
Discovery chief David Zaslav, whose sizable corner of the media business is getting a lot bigger, said he had previously looked at the idea of creating a “global HBO,” but all the best series were taken.
A Casablanca quote crossed WarnerMedia CEO Jason Kilar’s lips during AT&T’s March 12 investor day when touting the benefits of vertical integration, or housing content and distribution businesses under the same corporate roof: “It reminds me of that classic Warner Bros. line,” he said.
While the 70-day-old WGA strike has been an “annoyance” for entertainment companies, in the view of one Wall Street analyst, the SAG-AFTRA walkout will be “much more disruptive.”
Mixing work and romance is risky business.
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.
Netflix film crews have taken over a Scots street as production for a brand new thriller series starring Kelly Macdonald gets underway. Melville Street in Edinburgh is partially closed from 8am until 5pm on Wednesday as film crews are capturing scenes for upcoming detective show Department Q, from a best-selling Danish author, writes Edinburgh Live.
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.
There's big drama on Coronation Street next week after Kevin Webster (Michael Le Vell) loses the plot big time. He’s stressed after discovering that Jack (Kyran Bowes) is being bullied at school. Meanwhile, with his wife Abi (Sally Carman) and baby Alfie due to move back in, Kev’s upset when Jack admits he’s not looking forward to their return as they will take all of Kev's attention.
For those that grew up in the ’90s, R.L. Stine and his “Goosebumps” book series are ubiquitous with grade school, book fairs, and a young reader’s first toe-dip into the horror genre.
Maya Hawke screams her head off while being dragged away in this new image from Netflix’s upcoming trilogy, Fear Street.
Author R.L. Stine’s Fear Street book series entranced generations. Now, those PG-rated scarefests are getting a lot more thrills and terror for an R-rated take from Netflix.
Three films, three weeks, one “killer” story. So Netflix is trying to attempt something bold in the horror film genre.
Rebecca Rubin Film and Media ReporterNetflix is bringing binge-watching to the movies. The streaming service announced on Tuesday that its upcoming “Fear Street” trilogy will premiere this summer over three consecutive weeks.The first installment, “Fear Street Part 1: 1994” is coming to Netflix on July 2, with “Part 2: 1978” following on July 8 and “Part 3: 1666” landing on July 16.Leigh Janiak directed the franchise, which has been adapted from the horror series by R.
There's big drama on Coronation Street next week after Kevin Webster (Michael Le Vell) loses the plot big time. He’s stressed after discovering that Jack (Kyran Bowes) is being bullied at school. Meanwhile, with his wife Abi (Sally Carman) and baby Alfie due to move back in, Kev’s upset when Jack admits he’s not looking forward to their return as they will take all of Kev's attention.
AMC Networks reported a 6% downturn in revenue during the first quarter due to a slump in advertising and content licensing, but earnings per share beat Wall Street forecasts.
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It’s played all over the world in countless languages, but if you grew up in North America, chances are nothing is more beloved from your childhood than the children’s educational program “Sesame Street.” And it’s hard to understand and put in context just how groundbreaking “Sesame Street” was at the time, and how influential; a project that saw the power of television in the 1970s and aimed to create an entertaining tool that would also teach children.
With reports of domestic abuse rising during lockdown, Coronation Street’s coercive control storyline has become more important than ever for highlighting what victims are going through. At the heart of the storyline is actress Shelley King, whose character Yasmeen Nazir has been subjected to mental abuse and controlling behaviour by her husband Geoff Metcalfe, played by Ian Bartholomew.
Netflix is closing out their “Fear Street” anthology movie series with a bang.
The Duke and Duchess of Sussex are to appear in a “fly-on-the-wall” reality TV series as part of their Netflix deal, according to reports.
David Beckham is set to share never-seen-before footage in a £16million Netflix documentary about his life, according to The Sun.The series is expected to give fans an intimate insight into his family life with wife Victoria and their four children.
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