Netflix will report its third-quarter results on Tuesday, October 20, as investors look for signs that viewers are spending less time on the service. Analysts expect revenue to rise 11.8% to $12.87bn, up from about $11.5bn a year earlier, according to …
Netflix has named Peter Rice, the former chairman of Walt Disney Television, as its chief content officer. The company announced the move on Thursday. Rice will run its global content organisation, from scripted and unscripted series to film and live e…
Following a report last week that Netflix was planning to lay off five percent of the company, today the streamer’s co-CEOs Ted Sarandos and Greg Peters announced in an email that it would actually be laying off six percent of its workforce, or around 1,000 employees, according to Variety, which obtained a copy of the […]
Netflix said most of the cuts would affect its product, tech, legal, and human resources departments.
Netflix is preparing to cut about 5% of its workforce, with an announcement possible as early as next week, Puck reported on Friday, citing people familiar with the plans. Netflix had about 16,000 full-time employees at the end of last year, so a cut o…
A fictionalized Sam Bankman-Fried is coming to your TV screen on November 19.
Netflix just announced The Conjuring: Unspoken, a new horror game set in The Conjuring universe that you can play with your phone as a controller, and it will launch exclusively on the service on October 13th. Here’s Netflix’s description of the game: The Conjuring: Unspoken is an interactive paranormal investigation you can play from your […]
The deal brings together two major streaming platforms, Paramount+ and HBO Max, along with networks including CBS, CNN, MTV, TBS, Comedy Central, and Food Network.
Many of Netflix’s biggest critically acclaimed hits have been the products of its multiyear production deals with noted directors like David Fincher and Shawn Levy. In the past few weeks, though, the streamer has brought some of those partnerships to an end in a way that feels indicative of a larger strategic shift. With rival […]
Netflix’s new reality competition, Wonka’s The Golden Ticket, uses an AI recreation of Gene Wilder’s voice, and viewers have pushed back. The voice narrates the show and explains the rules to contestants. Wilder, who played Willy Wonka in the 1971 film…