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.
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.
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.
“Thor: Love And Thunder,” Taika Waititi’s follow-up to his 2017 breakout “Thor: Ragnarok,” finally hits theaters on Friday. And advance reviews are, well, okay so far? It sounds like Waititi is still having fun making wacky, colorful superhero flicks, but for some critics, the Marvel formula is a little stale.
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.”
Netflix‘s live-action adaptation of the anime classic Avatar: The Last Airbender is now out, and a lot of fans of the original are not happy about it.The series runs for eight episodes and follows Aang, the last survivor of the airbender tribe as he trains to become the Avatar after he is discovered frozen in a block of ice. Once he’s freed, he has to learn and master all four elements – Air, Water, Earth and Fire – in order to defeat Firelord Ozai and, with the help of Katara and Sokka, liberate the world from his authoritarian rule.This adaptation stars Gordon Cormier (Lost In Space, The Stand) in the lead role as Aang, while Kiawentiio (Anne with an E) plays Katara.
Michael Schneider Variety Editor at Large Because I doubt even Netflix saw this coming. “Suits,” which starred Patrick J. Adams, Gabriel Macht and Gina Torres as lawyers who filed suits while wearing stylish suits, was always a solid player for USA.
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.
Netflix is often talked about a potential buyer for big Hollywood studios as the latest set of M&A rumors swirl but the streamer has now laid out its position in no uncertain terms.
Netflix plans to keep revving up its movie slate in the coming year, although the volume of new releases will grow at a steadier pace following the ramp-up of the past 18 months, Netflix executives told investors Tuesday in discussing the company’s Q4 2019 earnings.
Jill Goldsmith Co-Business EditorNetflix founder, chairman and now co-CEO Reed Hastings said Thursday he wants the service “to have so many hits that you know when you come to Netflix you can just go from hit to hit to hit and never have to think about any of those other services.”Speaking on video call for investors, he acknowledged the occasional detour was inevitable with a shout out to Hamilton on Disney+ that hit the service on July 4th weekend.
New York Times in a story posted Saturday. “They are not always going to be right, but how you help navigate the outcomes, and the urgency you bring to it, is what gets folks through the storm. And the storms will come.”While Netflix was riding high with the addition of 10 million subscribers amid the first few months of the pandemic in summer 2020, trouble loomed on the horizon.
Shania Twain is getting the documentary treatment. The country-pop icon's trailblazing career is revisited and celebrated in, hitting Netflix on July 26. In the film's first trailer, Twain can be seen driving through a picturesque mountain scene while declaring, «Taking the risks to do things your way can be scary. You gotta be brave.» , produced by Mercury Studios and directed by Joss Crowley, follows Twain's life trajectory from humble beginnings to crossover superstar.
Taika Waititi is partnering with Netflix on a pair of animated series — one based on the world of “Charlie and the Chocolate Factory” and another based on the Oompa-Loompa characters.
Johnny Depp is heading back to the big screen in a new movie, though it’s not being backed by Netflix, as previously reported.
Jennifer Maas TV Business Writer“Stranger Things” Season 4, Volume 1 has already smashed multiple Netflix viewership records in less than two weeks after its release, and anticipation for Volume 2’s July 1 launch is building more by the day. But the success of the streamer’s first-ever two-batch drop with just over a month in between releases does not mean Netflix is considering shaking up the “Stranger Things” model further ahead of its fifth and final season, meaning there are no plans to shift the Duffer Brothers series to a weekly release.“For the fans of ‘Stranger Things,’ this is how they’ve been watching that show, and I think to change that on them would be disappointing,” Peter Friedlander, Netflix’s head of scripted series for U.S.
Former Manchester United striker David Bellion has explained why he did not quite make the grade at Old Trafford.
Oprah Winfrey and Gayle King got very candid about the state of racism in the U.S. in a livestreamed conversation on Facebook.
Details about King Charles III‘s coronation on May 6, 2023 is slowly being revealed and some big guests have been confirmed and rumored.
Netflix Co-CEO Ted Sarandos took a victory lap on the company’s fourth-quarter earnings call about the company’s acquisition of exclusive rights to Monday Night Raw and other WWE programming.
Netflix has had a big twelve months when it comes to licensed content.
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.
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.
Joe Otterson TV Reporter Ted Danson and Mike Schur are officially reuniting for a series adaptation of the documentary “The Mole Agent” at Netflix, Variety has learned. The streaming giant has ordered eight episodes of the untitled project after it was originally reported that it was being taken out to market in early February. Per the official logline, Danson will star as Charles, “a retired man who gets a new lease on life when he answers an ad from a PI and becomes a mole in a secret investigation.” “The Mole Agent” was directed by Chilean filmmaker Maite Alberdi. It originally debuted at the 2020 Sundance Film Festival and went on to receive an Oscar nomination for best documentary feature.
The new comedy series reuniting The Good Place creator Mike Schur and star Ted Danson has landed at Netflix with an eight-episode straight-to-series order. As Deadline reported exclusively last month, the project, based on the 2020 Chilean feature documentary The Mole Agent, sparked heated bidding when it hit the premium/streaming marketplace, with Netflix one of the four lead contenders. The untitled comedy, written/executive produced by Schur and starring/executive produced by Denson, hails from Schur’s longtime studio home, Universal Television, a division of Universal Studio Group.
UPDATED, 3:27 PM: A lawsuit filed against Netflix by subjects of its 2018 docuseries Afflicted has been dropped after nearly four years.
Naman Ramachandran Netflix co-CEO Ted Sarandos revealed a continued investment push in the Indian market on Saturday. In a freewheeling chat with Indian filmmaker Sanjay Leela Bhansali in Mumbai to promote the latter’s upcoming Netflix series “Heeramandi,” Sarandos was bullish about India, repeating what he said on Friday to local media about the market’s growth. “India is the fastest growing Netflix market in the world this year and because of that, we’re able to continue to invest in great storytelling. And I think when you see ‘Heeramandi,’ you’re gonna see why it has been such the honor of a lifetime to work with Sanjay and to be able to bring this to screen. And you ain’t seen nothing yet,” Sarandos said.
Ted Sarandos is speaking out about the WGA and SAG-AFTRA strikes in Hollywood.
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.”
Ellen Pompeo is calling out Netflix for their payment structure amid the ongoing SAG-AFTRA strike.
TOWIE star Mark Wright's BBC travel show A Wright Family Holiday is reportedly not going to return for a second series as it "wasn't meant to be". The travel show first aired last summer and featured Mark alongside his footballer brother Josh and dad Mark Snr as they travelled from Scotland to Cornwall.
Netflix’s Never Have I Ever will replace Chrissy Teigen. The Cravings author decided to quit her role on the Mindy Kaling-created series as backlash from her bullying comments to Courtney Stodden continues.
Ellise Shafer Adam Driver called out Amazon and Netflix for refusing to meet SAG-AFTRA’s demands during “Ferrari’s” press conference at Venice Film Festival on Thursday. “I’m very happy to be here to support this movie and the truncated schedule that we had to shoot it and the efforts of all the incredible actors working on it and the crew.
Hollywood Reporter.The company gave her a cap of $130 million, according to the report, but the filmmaker requested $150 million.The flick had Scarlett Johansson, Penélope Cruz, Michael Fassbender and Owen Wilson in talks to star.The name was allegedly titled “Paris Paramount” and Meyers was set to write, direct and produce the feature.The project was announced last year and the plot would have chronicled a young writer-director who falls head over heels for a movie producer.The Post reached out to Meyers for comment.The synopsis is semi-autobiographical for Meyers, as she was married to director Charles Shyer for almost two decades.The duo worked on a few iconic comedies over the years such as “Private Benjamin,” “Baby Boom” and “Father of the Bride.”The movie would have been Meyer’s first flick since the 2015 Anne Hathaway rom-com “The Intern.”In December 2022, Meyers responded to rumors about a sequel to her much-loved 2006 film, “The Holiday.”But she shot down any chatter about a second installment on social media at the time, saying: “So many DM’s about this — sorry but it’s not true.” It was reported previously that the possible sequel had returning stars Cameron Diaz, Jude Law, Kate Winslet and Jack Black on board, with production beginning earlier this year.The “Titanic” star, 47, also separately denied that there was a sequel for “The Holiday” in place.“I read something about that, but it’s the first I’ve heard of it,” Winslet told People at the time. “I promise you not an agent or a representative or anyone from the first one around has had any conversation with me about that.
Film project auctions are some of the more interesting deals made in Hollywood, as you’ll see studios/streamers throwing around a lot of money to outbid each other if there is intense competition. Netflix, of course, has plenty of original movies cooking at any moment.
EXCLUSIVE: If some of film executives have looked a bit distracted at the agency Oscar parties tonight, it’s because they were waging a rather breathtaking auction for I Am Not Alone, a 22-page short story that is an ideal template for a major genre film. The dust is just settling, but I am hearing that Netflix is closing up a high-six figure deal for an outright buy of the story, with mid-seven figures pledged to Lovecraft Country’s Misha Green to write the script and direct as a star vehicle for Oscar winner Jessica Chastain.
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