'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
Ellen DeGeneres says she got thrown out of Hollywood for being mean and toxic -- something she's making light of now in a new stand-up show ... which is coming.. TMZ.com
Richard Gadd's asking amateur detectives to put down their magnifying glasses in trying to dissect his new Netflix show ... 'cause people are getting falsely.. TMZ.com
Kim Kardashian is bringing Kardashian Kountry to the masses ... as Netflix placed the winning bid on the new scripted show she's set to exec produce titled,.. TMZ.com
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.
Weβre 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
'Suits' has set another record after the former legal drama exploded in popularity in 2023. The legal drama broke the record for the most-streamed show over the course of a year in the history of..
Credit: The Hollywood Reporter Duration: 01:34Published
Jordan Peele and Dev Patel are joining forces for the latter's directorial debut! Peele and Universal have come aboard to release Patel's directorial debut 'Monkey Man.' The completed action-thriller..
Credit: The Hollywood Reporter Duration: 01:28Published
Matt and Ben are teaming up once again! The longtime friends and collaborators have picked their next project, a new crime thriller that just landed at Netflix called 'Animals.' Damon will star in the..
Credit: The Hollywood Reporter Duration: 01:05Published
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