Netflix Will Stop Reporting Quarterly Subscriber Numbers
Streaming giant Netflix has announced that it will stop reporting quarterly subscriber numbers in its 2025 revenue and will instead focus on other metrics. Netflix announced Thursday that it will no longer report average revenue per member, also known as ARM. “As stated in a previous letter, we focus on revenue and operating margin as […]
Netflix crushes subscriber forecasts again with more than 9M new customers
Netflix on Thursday beat Wall Street expectations for the second consecutive quarter in new customer numbers, but predicted revenue growth that was slightly below analysts’ targets, suggesting its positive surprises may be over. Shares of the streaming video pioneer fell 4.2% in after-hours trading to $585.41. The company said its ad-supported streaming plans helped it […]
Netflix Will Make Fewer Lousy, Super-Expensive ‘Auteur’ Movies
Netflix, the only profitable streamer, will reportedly no longer produce bad, super-expensive blockbusters or bad “auteur” movies. Netflix’s new head of film, Dan Lin, started work on April 1st. The news is that Netflix is ”no longer just home to big-ticket action movies featuring big-name movie stars.” gray man Ryan Gosling and Chris Evans or […]
Ramones relatives’ legal feud threatens to derail Pete Davidson-led Netflix movie
The Ramones are locked in a lawsuit between the punk legends’ relatives. A long-simmering feud threatens to derail a Netflix movie scheduled to star Pete Davidson as the band’s iconic singer. Linda Cummings-Ramone, widow of guitarist Johnny Ramone, sued singer Joey Ramone’s brother Mitchell Hyman and his manager David Frye in January for allegedly trying […]
Cops say ‘no evidence’ missing tot Elijah Vue was abducted after searching yard from Netflix series
Investigators have ruled out the possibility that missing toddler Elijah Beau was abducted from a Wisconsin compound where his mother’s boyfriend was teaching the boy strength, police said Wednesday. Two Rivers Police Chief Ben Meinert released an update on the case days after search crews scoured a nearby salvage yard made famous by the documentary […]
Netflix Announces Layoffs in Films Division
Streaming giant Netflix is reportedly reorganizing its movie division, and has announced that it will lay off 15 employees in the early stages. The company did not reveal the identities of those fired, but said the restructuring was being carried out by new film studio chief Dan Lin. deadline. Deadline added that 15 or more […]
Matt Rife books 2 Netflix specials despite media attacks
Stand-up comedian and viral TikTok star Matt Rife has signed a deal with Netflix for two specials, including the platform’s first crowdwork special. Rife has been incredibly successful on social media, especially his TikTok account. 18 million followers. This led to his November 2023 Netflix special, “Natural Selection.” variety The report received more than 10 […]
Explosives court docs claims Facebook let Netflix peek into user DMs
Social media giant Meta allowed Netflix access to Facebook users’ direct messages for nearly a decade, violating anticompetitive practices and privacy rules, explosive court documents allege. The court documents, released last week, are part of a larger antitrust lawsuit brought by U.S. citizens Maximilian Klein and Sarah Grabert, who argue that Netflix and Facebook “enjoy […]
Facebook Gave Netflix Access to Private User Messages, Scuttled Video Service for Sweetheart Ads Deal
Newly released court filings in Mark Zuckerberg’s antitrust lawsuit against Meta reveal that Facebook’s short-lived streaming service Watch was allegedly shut down to protect its advertising deal with Netflix. . The heartwarming agreement between the two Silicon Valley giants also includes giving the streaming platform access to Facebook analytics and even private user messages. gizmodo […]
Fox News AI Newsletter: Netflix CEO says AI ‘no shortcut’ for ‘human experience’
Welcome to Fox News’ Artificial Intelligence Newsletter, featuring the latest advancements in AI technology. In today’s newsletter: – Netflix’s Ted Sarandos says Rob Lowe AI is ‘not a shortcut to the human experience’ – Iran looks to AI to overcome Western sanctions and help military fight ‘low-cost’ battles – Congressman Cammack concerned about AI’s impact […]