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Ted Sarandos Explains Why Netflix Will Add New Ad-Supported Tier to Streaming Service | THR News

Video Credit: The Hollywood Reporter - Duration: 01:10s - Published
Ted Sarandos Explains Why Netflix Will Add New Ad-Supported Tier to Streaming Service | THR News

Ted Sarandos Explains Why Netflix Will Add New Ad-Supported Tier to Streaming Service | THR News

The Netflix Co-CEO discussed his future strategy for the streamer at the Cannes Lions festival.


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Timothée Chalamet Signs Multi-Year First Look Deal With Warner Bros [Video]

Timothée Chalamet Signs Multi-Year First Look Deal With Warner Bros

Timothée Chalamet Signs Multi-Year , First Look Deal With Warner Bros. The 'Dune' and 'Wonka' star recently became the first actor in over 40 years "to star in the top two domestic-grossing films released in an 8-month period," Deadline reports. . The 'Dune' and 'Wonka' star recently became the first actor in over 40 years "to star in the top two domestic-grossing films released in an 8-month period," Deadline reports. . Warner Bros. Motion Picture Group co-Chairs and CEOs Michael De Luca and Pamela Abdy hammered out the company's newest multi-year first look film deal with the Oscar nominee. . Over the last few years, we have admired not only Timothée’s commitment to his craft, which is evident in the range and depth of his varied roles, , Michael De Luca and Pamela Abdy, Warner Bros. Motion Picture Group co-chairs and CEOs, via statement. ... but also his unwavering dedication to give 100% of his time and attention to every project he has made here at Warner Bros. and elsewhere. , Michael De Luca and Pamela Abdy, Warner Bros. Motion Picture Group co-chairs and CEOs, via statement. His collaboration on the campaigns for 'Dune' and 'Wonka' is something we all enjoyed immensely, and the results speak for themselves. , Michael De Luca and Pamela Abdy, Warner Bros. Motion Picture Group co-chairs and CEOs, via statement. We continue to build for the future of the theatrical film business at Warner Bros. Discovery and are thrilled Timothée has chosen our studio to be his creative home, Michael De Luca and Pamela Abdy, Warner Bros. Motion Picture Group co-chairs and CEOs, via statement. Chalamet also issued a statement. Working with Mike De Luca, Pam Abdy and their teams on 'Wonka' and 'Dune' over these last few years has been a deeply rewarding experience. , Timothée Chalamet, via statement. These are studio heads who believe in real movie making, and I’m so grateful for their support as an actor, producer and collaborator. , Timothée Chalamet, via statement. This partnership feels like a natural next step. Let’s go!, Timothée Chalamet, via statement. 'Dune: Part Two' has grossed over $575 million worldwide so far. 'Wonka' grossed $632 million. 'Dune: Part Two' has grossed over $575 million worldwide so far. 'Wonka' grossed $632 million. Chalamet is currently filming 'A Complete Unknown,' starring as Bob Dylan and serving as a producer.

Credit: Wibbitz Top Stories    Duration: 01:30Published

Ted Sarandos Ted Sarandos American businessman

Netflix Exceeds Earnings Estimates As Subscribers Increase [Video]

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%

Credit: Wibbitz Top Stories    Duration: 01:30Published

Netflix Netflix American video streaming service

What's Coming to and Leaving Netflix in May | THR News Video [Video]

What's Coming to and Leaving Netflix in May | THR News Video

'Bridgerton' is back this May with part one of its highly anticipated third season. Here's what else is coming to and leaving the streaming service Netflix throughout the month.

Credit: The Hollywood Reporter    Duration: 02:03Published

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