Ted Sarandos Says He “Screwed Up” With Chappelle Memos But Stands By Netflix Special | THR News
Video Credit: The Hollywood Reporter - Duration: 01:14s - Published
Ted Sarandos Says He “Screwed Up” With Chappelle Memos But Stands By Netflix Special | THR News
Ahead of an employee walkout planned for Oct.
20, the Netflix co-chief walks back some of his staff memos: "I 100 percent believe that content on screen can have impact in the real world, positive and negative."
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%
Credit: Wibbitz Top Stories Duration: 01:30Published
'Wednesday' starring Jenna Ortega has officially started filming season 2! And the hit Netflix show has added a dozen actors to its cast. Filming has begun in Ireland, which is a change from the first season, which was primarily shot in Romania. The production has added several actors as series regulars for season two. New cast members include Steve Buscemi, Billie Piper, Evie Templeton, Owen Painter and Noah Taylor.
Credit: The Hollywood Reporter Duration: 01:32Published
Kim Kardashian getting booed at Tom Brady's roast came and went in the live broadcast -- and you're not gonna find it again in the current version on the.. TMZ.com
Jeff Goldblum details his upcoming Netflix project 'Kaos' and teases his character of Zeus while chatting with The Hollywood Reporter on the Met Gala steps. Plus, he receives a surprise visit from Taika Waititi and Rita Ora.
Credit: The Hollywood Reporter Duration: 04:26Published
Jeff Ross appeared to get scolded (for realsies) by Tom Brady at his Netflix roast after Robert Kraft became the butt of a joke ... but as it turns out, it was.. TMZ.com
After Tom Brady spent his Sunday night being the butt of jokes, he got the opportunity to turn the tables, and he didn't hold back ... even evoking Taylor.. TMZ.com
Dave Chappelle is acknowledging the controversial remarks he made in his Netflix special 'The Closer' and says he’s now ready for a meeting — under certain conditions.
Credit: The Hollywood Reporter Duration: 01:59Published
Netflix CEO , on Chappelle Crisis:, 'I Screwed Up'.
Ted Sarandos, the co-CEO of Netflix,
says he stands by the company's decision to
stream Dave Chappelle's latest comedy special.
But in an..
Credit: Wibbitz Top Stories Duration: 01:30Published
The employee had leaked financial data to Bloomberg, which reported in an Oct. 13 article that Netflix spent $24.1 million on Dave Chappelle's 'The Closer.'
Credit: The Hollywood Reporter Duration: 01:28Published
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