Former WWE Wrestling Star Mike 'Mantaur' Halac Dead At 55

Netflix Exceeds Earnings Estimates As Subscribers Increase

Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix Exceeds Earnings Estimates , As Subscribers Increase. Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million. Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. . The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. . However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth. As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. . Instead, it will divulge "major subscriber milestones as we cross them.". Price hikes, terminating password sharing and offering an ad-supported tier are all tactics that have boosted revenue. Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform. We’re in the very early days of developing our live programming and I would look at this as an expansion of the types of content we offer, the way we expanded to film and unscripted and animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call. We believe that these kind of event cultural moments like the Jake Paul and Mike Tyson fight are just that kind of television, and we want to be part of winning over those moments with our members as well, so that for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call. As of the morning of April 18, Netflix's stock was up 27%

Votes counted as Labour closes in on London mayoral victory

Labour closes in on a London mayoral victory for Sadiq Khan on Saturday. With just five of 14 constituencies declared, London’s Labour incumbent Mr Khan was leading with over 427,000 votes, with Ms Hall just over 234,000. The total turnout in the election is 2,495,621, with fewer than half of the results yet to be declared. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Govt: Reform UK votes to blame for disappointing results

Science Minister Andrew Griffith says that people voting for Reform UK is partly to blame for disappointing local election results for the Conservative party. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Davey: Lib Dems doing better than expected

Ed Davey has said the Liberal Democrats are doing "better than expected" in the local elections and that voters are switching to his party because they "have had enough of being taken for granted and being let down". The party's leader spoke from Winchester, a seat he thinks the Lib Dems could take at the next general election. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Starmer celebrates in North Yorkshire

The Labour leader hailed the win by his party’s candidate David Skaith in the York and North Yorkshire mayoral election, an area he described as “the heart of Tory territory”. Appearing at Northallerton Town Football Club with new mayor Mr Skaith, Sir Keir said: “It’s an amazing moment in history, to have a Labour victory here.'' Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn