Hollywood A-listers took to social media this weekend to honor Sam Rubin, the beloved Ktla anchor who died on Friday.
“Your professionalism was unmatched by your kindness and humanity,” Viola Davis wrote on Instagram. “I will miss your presence on The Red Carpet. God bless your loved ones. Godspeed.”
Rubin was a popular entertainment anchor on Ktla-tv’s morning show, and appeared across Hollywood at award shows and red carpet events. He died of a heart attack on Friday at age 64.
“Ktla 5 is profoundly saddened to report the death of Sam Rubin,” the channel wrote on X (formerly Twitter). “Sam was a giant in the local news industry and the entertainment world and a fixture of Los Angeles morning television for decades. His laugh, charm and caring personality touched all who knew him. Sam was a loving husband and father: the roles he cherished the most. Our thoughts are with...
“Your professionalism was unmatched by your kindness and humanity,” Viola Davis wrote on Instagram. “I will miss your presence on The Red Carpet. God bless your loved ones. Godspeed.”
Rubin was a popular entertainment anchor on Ktla-tv’s morning show, and appeared across Hollywood at award shows and red carpet events. He died of a heart attack on Friday at age 64.
“Ktla 5 is profoundly saddened to report the death of Sam Rubin,” the channel wrote on X (formerly Twitter). “Sam was a giant in the local news industry and the entertainment world and a fixture of Los Angeles morning television for decades. His laugh, charm and caring personality touched all who knew him. Sam was a loving husband and father: the roles he cherished the most. Our thoughts are with...
- 5/11/2024
- by Zoe G Phillips
- The Hollywood Reporter - Movie News
Ari Emanuel, the CEO of Endeavor and one of Hollywood’s most outspoken voices in the fight against antisemitism, will be honored at the Simon Wiesenthal Center’s National Tribute Gala.
At the annual fundraiser for Swc, which has taken place since 1977 and brings together many of the most powerful and influential people in the business, Jews and non-Jews alike, Emanuel will receive the organization’s highest honor, the Humanitarian Award, The Hollywood Reporter has learned.
Emanuel, 63, will be feted by colleagues — and give an acceptance speech — at the Beverly Wilshire Hotel on May 22. Members of the public can purchase tickets to attend, starting at $1500 a plate, but, in a first, the event will be closed to the press.
Emanuel famously does not mince his words, especially on matters related to antisemitism and Israel. Among other things, he led the industry’s boycott of Kanye West after the rapper went...
At the annual fundraiser for Swc, which has taken place since 1977 and brings together many of the most powerful and influential people in the business, Jews and non-Jews alike, Emanuel will receive the organization’s highest honor, the Humanitarian Award, The Hollywood Reporter has learned.
Emanuel, 63, will be feted by colleagues — and give an acceptance speech — at the Beverly Wilshire Hotel on May 22. Members of the public can purchase tickets to attend, starting at $1500 a plate, but, in a first, the event will be closed to the press.
Emanuel famously does not mince his words, especially on matters related to antisemitism and Israel. Among other things, he led the industry’s boycott of Kanye West after the rapper went...
- 5/10/2024
- by Scott Feinberg
- The Hollywood Reporter - Movie News
In what would be Netflix’s first move into big-league sports streaming, the company is reportedly poised to win the rights to two NFL games on Christmas Day 2024.
Netflix will be the “likely winner” of media rights to the pair of NFL games scheduled for Dec. 25 for the upcoming football season, Puck’s John Ourand reported, citing anonymous sources. The report added the caveat that no deal has been signed yet and Netflix and the NFL “still have to clear some hurdles before any deal is announced.”
The NFL declined to comment. Reps for Netflix didn’t respond to a request for comment.
Per the Puck report, the NFL delayed the release of its 2024-25 schedule until May 15, and one of the main reasons is that the league has been “in the middle of a high-stakes negotiation with Netflix over its planned Christmas Day games.”
Netflix execs have repeatedly said...
Netflix will be the “likely winner” of media rights to the pair of NFL games scheduled for Dec. 25 for the upcoming football season, Puck’s John Ourand reported, citing anonymous sources. The report added the caveat that no deal has been signed yet and Netflix and the NFL “still have to clear some hurdles before any deal is announced.”
The NFL declined to comment. Reps for Netflix didn’t respond to a request for comment.
Per the Puck report, the NFL delayed the release of its 2024-25 schedule until May 15, and one of the main reasons is that the league has been “in the middle of a high-stakes negotiation with Netflix over its planned Christmas Day games.”
Netflix execs have repeatedly said...
- 5/10/2024
- by Todd Spangler
- Variety Film + TV
The league has a Christmas Day doubleheader up for grabs this year, and opened bidding at the end of March.
Netflix is reportedly finally ready to take the plunge. The world’s largest streaming service has always seemed like a logical partner for the most popular sports league in the United States, but its stance against paying excessive sums of money to win live sports rights made it seem unlikely that it would ever actively pursue broadcasts of NFL games. However, a new report from Puck News indicates that Netflix has entered the chat regarding the NFL’s Christmas Day doubleheader for this coming season, and that it could potentially secure the rights to Christmas games for multiple years to come.
Key Details: The NFL is reportedly looking to carve out its Christmas Day games as a package to sell independent of its current broadcast deals. The league started bidding...
Netflix is reportedly finally ready to take the plunge. The world’s largest streaming service has always seemed like a logical partner for the most popular sports league in the United States, but its stance against paying excessive sums of money to win live sports rights made it seem unlikely that it would ever actively pursue broadcasts of NFL games. However, a new report from Puck News indicates that Netflix has entered the chat regarding the NFL’s Christmas Day doubleheader for this coming season, and that it could potentially secure the rights to Christmas games for multiple years to come.
Key Details: The NFL is reportedly looking to carve out its Christmas Day games as a package to sell independent of its current broadcast deals. The league started bidding...
- 5/10/2024
- by David Satin
- The Streamable
British royal family news reveals that Meghan Markle’s latest douche behavior toward her husband Prince Harry and his family could be the nail in her coffin.
Harry will be at an Invictus Games event on May 8, but Meghan has no time for that. Instead she is getting ready for her “Nigerian Princess trip.” Meghan is 43% Nigerian you know.
A source told The Express: “Her conspicuous absence from all his recent trips has been noted. This time she will be missing a key event in Harry’s Invictus diary as well as the opportunity to offer support to her father-in-law.” Tsk, tsk, where do all the memos to Meghan go?
Royal Family News – Meghan Didn’t Get The Memo
The insider added: “It strikes me as odd that she doesn’t have time to come to England where, however she feels about them, she does have family. But she does...
Harry will be at an Invictus Games event on May 8, but Meghan has no time for that. Instead she is getting ready for her “Nigerian Princess trip.” Meghan is 43% Nigerian you know.
A source told The Express: “Her conspicuous absence from all his recent trips has been noted. This time she will be missing a key event in Harry’s Invictus diary as well as the opportunity to offer support to her father-in-law.” Tsk, tsk, where do all the memos to Meghan go?
Royal Family News – Meghan Didn’t Get The Memo
The insider added: “It strikes me as odd that she doesn’t have time to come to England where, however she feels about them, she does have family. But she does...
- 5/10/2024
- by Tanya Clark
- Celebrating The Soaps
If the 2023 upfronts were about disruption, the 2024 upfronts are about Disruption with a capital “D.”
Last year’s events were quite literally disrupted, with striking WGA writers on picket lines outside the New York City venues and the annual presentations to advertisers blunted by a noted lack of star power, as actors proved unwilling to cross those picket lines. While companies like Disney and NBCUniversal tried to make up for it by leaning on their news and sports talent, it was nonetheless a muted week.
This year, the disruption is more figurative, but in many ways much worse: Linear TV, the linchpin of the ad business for Hollywood, is rapidly eroding. At the same time, this is the year that the streaming behemoths have decided to go for the ad jugular, with Netflix planning an “immersive” experience for media buyers and Amazon storming into upfronts only months after turning on...
Last year’s events were quite literally disrupted, with striking WGA writers on picket lines outside the New York City venues and the annual presentations to advertisers blunted by a noted lack of star power, as actors proved unwilling to cross those picket lines. While companies like Disney and NBCUniversal tried to make up for it by leaning on their news and sports talent, it was nonetheless a muted week.
This year, the disruption is more figurative, but in many ways much worse: Linear TV, the linchpin of the ad business for Hollywood, is rapidly eroding. At the same time, this is the year that the streaming behemoths have decided to go for the ad jugular, with Netflix planning an “immersive” experience for media buyers and Amazon storming into upfronts only months after turning on...
- 5/9/2024
- by Alex Weprin
- The Hollywood Reporter - Movie News
Massachusetts Senator Elizabeth Warren didn’t mince any words. “CEO pay is out of control,” she posted on April 22, singling out Warner Bros. Discovery CEO David Zaslav, whose team has had a rocky road integrating two companies since the mega-merger that created the Hollywood conglomerate, dealing with a high debt load and shoring up profits. Zaslav “made $49.7 million last year, +26% from 2022 — despite layoffs, box office bombs, a lagging stock price,” Warren wrote on X. “Meanwhile, WB workers had to strike for higher pay.”
The latest annual executive pay disclosure season, which is now wrapped up, is unlikely to change the views of critics like Warren. Hollywood CEOs struggled with a plethora of challenges in 2023 — from the dual writers’ and actors’ strikes, cord-cutting, and a soft advertising market to a battle for streaming profits and M&a chatter, with the remedy often being layoffs, cost reductions and cutbacks in spending. One thing...
The latest annual executive pay disclosure season, which is now wrapped up, is unlikely to change the views of critics like Warren. Hollywood CEOs struggled with a plethora of challenges in 2023 — from the dual writers’ and actors’ strikes, cord-cutting, and a soft advertising market to a battle for streaming profits and M&a chatter, with the remedy often being layoffs, cost reductions and cutbacks in spending. One thing...
- 5/7/2024
- by Georg Szalai
- The Hollywood Reporter - Movie News
Back in 2019, on a visit to Los Angeles, celebrated Indian director Sanjay Leela Bhansali stopped in at the offices of Netflix. In his informal five-minute meeting with CEO Ted Sarandos, Bhansali pitched an idea — it would be an opulent tale of warring courtesans set amid India’s struggle for independence. Sarandos greenlit the project on the spot.
Now Bhansali’s Hindi-language series, “Heeramandi: The Diamond Bazaar,” is making its U.S. debut (episodes dropped on May 1). Spanning 1920 through 1947, the lavish story is set in the Heeramandi district of Lahore, British India, the milieu of the tawaifs. As with the geisha of Japan, tawaifs were trained in music and dance and courted by nobility. At the show’s center are Mallikajaan (Manisha Koirala), the scheming queen of Heeramandi, and her vindictive niece Fareedan (Sonakshi Sinha), who has ambitions to take her aunt’s place.
The project’s development took somewhat longer than that Netflix visit.
Now Bhansali’s Hindi-language series, “Heeramandi: The Diamond Bazaar,” is making its U.S. debut (episodes dropped on May 1). Spanning 1920 through 1947, the lavish story is set in the Heeramandi district of Lahore, British India, the milieu of the tawaifs. As with the geisha of Japan, tawaifs were trained in music and dance and courted by nobility. At the show’s center are Mallikajaan (Manisha Koirala), the scheming queen of Heeramandi, and her vindictive niece Fareedan (Sonakshi Sinha), who has ambitions to take her aunt’s place.
The project’s development took somewhat longer than that Netflix visit.
- 5/7/2024
- by Naman Ramachandran
- Variety Film + TV
It was a long night for Tom Brady at his live Netflix comedy roast, as it was for the rest of us watching from home.
Starting with a bloody Oj Simpson jersey and ending with Brady smashing an iPhone on stage, the Netflix live event, “The Greatest Roast of All-Time: Tom Brady,” honored the seven-time Super Bowl champion. The modern-day legend faced his biggest challenge yet: being roasted by comedians and his former NFL teammates.
At times hilarious and at others a bit cringe-worthy, the unedited live event was a lengthy affair that made one truly appreciate the editors of the Comedy Central roasts. Their task was to condense the content into a concise, entertaining 60-minute presentation. Here, bits went on far too long, and former football players had glazed looks in their eyes in the background. The comedians who do this for a living performed incredibly well, while the others…...
Starting with a bloody Oj Simpson jersey and ending with Brady smashing an iPhone on stage, the Netflix live event, “The Greatest Roast of All-Time: Tom Brady,” honored the seven-time Super Bowl champion. The modern-day legend faced his biggest challenge yet: being roasted by comedians and his former NFL teammates.
At times hilarious and at others a bit cringe-worthy, the unedited live event was a lengthy affair that made one truly appreciate the editors of the Comedy Central roasts. Their task was to condense the content into a concise, entertaining 60-minute presentation. Here, bits went on far too long, and former football players had glazed looks in their eyes in the background. The comedians who do this for a living performed incredibly well, while the others…...
- 5/6/2024
- by Clayton Davis
- Variety Film + TV
Actor and filmmaker Mark Duplass has found distribution for his independent TV series “Penelope,” with Netflix picking up U.S. distribution rights for the young-adult series. He made the announcement of the pickup for the self-financed series’ eight-episode first season on Sunday at SeriesFest. It previously debuted at the Sundance Film Festival.
The deal includes Mark and brother Jay’s production company retaining control of the property, including the decision over whether they will greenlight a second season. The brothers are also retaining VOD rental rights as they sell the indie series both domestically and internationally.
Duplass wrote the project over the pandemic and, in an unusual move, chose to self-finance and produce the show when he wasn’t able to find financing for its creation. He cocreated the series with director Mel Eslyn.
The actor and filmmaker described the industry as being in a “Reaganomic” period at this time,...
The deal includes Mark and brother Jay’s production company retaining control of the property, including the decision over whether they will greenlight a second season. The brothers are also retaining VOD rental rights as they sell the indie series both domestically and internationally.
Duplass wrote the project over the pandemic and, in an unusual move, chose to self-finance and produce the show when he wasn’t able to find financing for its creation. He cocreated the series with director Mel Eslyn.
The actor and filmmaker described the industry as being in a “Reaganomic” period at this time,...
- 5/6/2024
- by Mike Roe
- The Wrap
Penelope, the pandemic-written, independently financed and produced young-adult series from co-creators Mark Duplass and Mel Eslyn, has landed a distributor.
Netflix acquired U.S. rights to the series’ eight-episode first season, the duo announced Sunday while appearing at SeriesFest. Duplass called the six-month process of finding a distributor for the show following its debut at the 2024 Sundance Film Festival “insane” and told the Denver crowd that “a lot of people were very, very interested” in the series and thus “had a lot of different kinds of offers.”
“We’ve done independent films before, where you have a few hundred thousand dollars, and we go out, make the film and sell it. There really isn’t a model yet of independently made television where you make the whole season and try to sell it,” he said of the process of independently funding and then distributing Penelope. “From taking out the show...
Netflix acquired U.S. rights to the series’ eight-episode first season, the duo announced Sunday while appearing at SeriesFest. Duplass called the six-month process of finding a distributor for the show following its debut at the 2024 Sundance Film Festival “insane” and told the Denver crowd that “a lot of people were very, very interested” in the series and thus “had a lot of different kinds of offers.”
“We’ve done independent films before, where you have a few hundred thousand dollars, and we go out, make the film and sell it. There really isn’t a model yet of independently made television where you make the whole season and try to sell it,” he said of the process of independently funding and then distributing Penelope. “From taking out the show...
- 5/5/2024
- by Abbey White
- The Hollywood Reporter - Movie News
Adam Driver is an architect who can control time in the first-look clip for Francis Ford Coppola’s upcoming, self-funded film, Megalopolis.
In the more-than-two-minute video, Driver’s Cesar Catilina makes his way onto the edge of a skyscraper, seemingly considering jumping. As he’s about to fully step off the building, he shouts “Time stop” and the cars below him pause at his command, and he leans back onto stable footing.
The film, which will premiere at the Cannes Film Festival on May 17, is a Roman Epic set in an imagined Modern America, according to its description.
“The City of New Rome must change, causing conflict between Cesar Catilina, a genius artist who seeks to leap into a utopian, idealistic future, and his opposition, Mayor Franklyn Cicero (Giancarlo Esposito), who remains committed to a regressive status quo, perpetuating greed, special interests and partisan warfare,” the logline reads. “Torn between...
In the more-than-two-minute video, Driver’s Cesar Catilina makes his way onto the edge of a skyscraper, seemingly considering jumping. As he’s about to fully step off the building, he shouts “Time stop” and the cars below him pause at his command, and he leans back onto stable footing.
The film, which will premiere at the Cannes Film Festival on May 17, is a Roman Epic set in an imagined Modern America, according to its description.
“The City of New Rome must change, causing conflict between Cesar Catilina, a genius artist who seeks to leap into a utopian, idealistic future, and his opposition, Mayor Franklyn Cicero (Giancarlo Esposito), who remains committed to a regressive status quo, perpetuating greed, special interests and partisan warfare,” the logline reads. “Torn between...
- 5/4/2024
- by Christy Piña
- The Hollywood Reporter - Movie News
It was a year of pain for the entertainment industry and shareholders of (many) media companies with months-long Hollywood strikes and layoffs. Linear television continued to decline and a nascent theatrical recovery went sideways. Most CEOs saw pay packages rise in 2023, some by big multiples.
“The pay is egregious, but it is something we have learned to accept,” says one longtime entertainment analyst.
Irritants cited: CEOs rewarded for deals before its clear how they’ll pan out; CEOs who should looking for growth but keep cutting; CEO pay packages that feel disproportionate to the size of the company. Paramount Global’s (now ex) CEO Bob Bakish saw compensation of $31 million, a hair lower than Disney’s Bob Iger in his first year back as chief executive. (See CEO pay chart below right)
Bakish may also be entitled to severance in the neighborhood of $48.5 million after being ejected earlier this week,...
“The pay is egregious, but it is something we have learned to accept,” says one longtime entertainment analyst.
Irritants cited: CEOs rewarded for deals before its clear how they’ll pan out; CEOs who should looking for growth but keep cutting; CEO pay packages that feel disproportionate to the size of the company. Paramount Global’s (now ex) CEO Bob Bakish saw compensation of $31 million, a hair lower than Disney’s Bob Iger in his first year back as chief executive. (See CEO pay chart below right)
Bakish may also be entitled to severance in the neighborhood of $48.5 million after being ejected earlier this week,...
- 5/2/2024
- by Jill Goldsmith
- Deadline Film + TV
Indian auteur Sanjay Leela Bhansali (Slb) was hosted by Netflix’s co-ceo Ted Sarandos in Los Angeles for a dinner. The intimate dinner was hosted to celebrate the release of Netflix’s highly-anticipated title ‘Heeramandi: The Diamond Bazaar’, which also marks the streaming debut of Bhansali.
The two were joined by ‘SNL’ star Bill Hader, Golden Globe-winning actress Ali Wong, filmmaker J. J. Abrams, Katie McGrath (Co-CEO of Bad Robot Productions) and Dan Lin, Chairman Netflix films.
For the occasion, Slb wore his signature black kurta which he paired with a white pyjama. Ted was dressed in black shirt which he paired with denims and a pair of suede leather shoes.
‘Heeramandi: The Diamond Bazaar’ is one of the biggest bets of Netflix in recent times. The streaming show, which features an ensemble star cast tells the story of two rival courtesans and how they vow to destroy each other in order to seek revenge.
The two were joined by ‘SNL’ star Bill Hader, Golden Globe-winning actress Ali Wong, filmmaker J. J. Abrams, Katie McGrath (Co-CEO of Bad Robot Productions) and Dan Lin, Chairman Netflix films.
For the occasion, Slb wore his signature black kurta which he paired with a white pyjama. Ted was dressed in black shirt which he paired with denims and a pair of suede leather shoes.
‘Heeramandi: The Diamond Bazaar’ is one of the biggest bets of Netflix in recent times. The streaming show, which features an ensemble star cast tells the story of two rival courtesans and how they vow to destroy each other in order to seek revenge.
- 5/1/2024
- by Agency News Desk
- GlamSham
Netflix co-ceo Ted Sarandos, BBC director-general Tim Davie, and ITV CEO Carolyn McCall are among the industry leaders set to speak at the Royal Television Society’s (Rts) London Convention this year.
Its lineup also includes Channel 4 CEO Alex Mahon, journalist and host Amol Rajan, former quiz show co-host Richard Osman – widely known as the author of the best-selling crime novel The Thursday Murder Club – and The Guardian columnist Marina Hyde. The not-yet-complete list of speakers will be updated in the future.
Dubbed a “leading forum” for the U.K.’s television and media, the organization announced streaming giant Netflix as the biennial event’s principal sponsor in 2024.
Taking place on Sept. 17 at Kings Place in the British capital, the convention’s title is: “The Next Episode: Keeping Our Creative Edge.” It will focus on how the U.K. can “hold on to its creative brilliance, take full advantage...
Its lineup also includes Channel 4 CEO Alex Mahon, journalist and host Amol Rajan, former quiz show co-host Richard Osman – widely known as the author of the best-selling crime novel The Thursday Murder Club – and The Guardian columnist Marina Hyde. The not-yet-complete list of speakers will be updated in the future.
Dubbed a “leading forum” for the U.K.’s television and media, the organization announced streaming giant Netflix as the biennial event’s principal sponsor in 2024.
Taking place on Sept. 17 at Kings Place in the British capital, the convention’s title is: “The Next Episode: Keeping Our Creative Edge.” It will focus on how the U.K. can “hold on to its creative brilliance, take full advantage...
- 5/1/2024
- by Lily Ford
- The Hollywood Reporter - Movie News
Ted Sarandos To Speak At Rts London Convention
Ted Sarandos will speak at the Royal Television Society London Convention this year, which is being sponsored by Netflix. The head of the streamer will address the biannual event alongside the likes of the bosses of the BBC, ITV and Channel 4. Richard Osman and Marina Hyde, who helm the Rest is Entertainment podcast, will also speak. The convention is being forged with the theme The Next Episode: Keeping Our Creative Edge and will be overseen by Netflix’s Anna Mallett, Vice President, Production, Emea/UK. “As ever, identifying a pertinent theme, one that celebrates and also challenges the industry, is critical to our Convention,” said Rts CEO Theresa Wise. “Thank you so much to Anna Mallett, our chair for this tentpole in the industry calendar and to Netflix for being this year’s Principal Sponsor of the Rts London Convention 2024.”
Tudor Giurgiu...
Ted Sarandos will speak at the Royal Television Society London Convention this year, which is being sponsored by Netflix. The head of the streamer will address the biannual event alongside the likes of the bosses of the BBC, ITV and Channel 4. Richard Osman and Marina Hyde, who helm the Rest is Entertainment podcast, will also speak. The convention is being forged with the theme The Next Episode: Keeping Our Creative Edge and will be overseen by Netflix’s Anna Mallett, Vice President, Production, Emea/UK. “As ever, identifying a pertinent theme, one that celebrates and also challenges the industry, is critical to our Convention,” said Rts CEO Theresa Wise. “Thank you so much to Anna Mallett, our chair for this tentpole in the industry calendar and to Netflix for being this year’s Principal Sponsor of the Rts London Convention 2024.”
Tudor Giurgiu...
- 5/1/2024
- by Max Goldbart and Hannah Abraham
- Deadline Film + TV
Rts London Convention Speakers
The Royal Television Society has revealed the dates and initial speakers for its annual Rts London Convention.
This year’s event will take place on Sept. 17 at Kings Place in London and is chaired by Anna Mallett, Netflix’s vice president of production for Emea and the U.K. Netflix is also serving as the convention’s principal sponsor.
Confirmed speakers include Netflix co-ceo Ted Sarandos, BBC director-general Tim Davie, Channel 4 CEO Alex Mahon, ITV CEO Carolyn McCall and journalist Amol Rajan. “The Thursday Murder Club” author Richard Osman and The Guardian columnist Marina Hyde are also on the line-up, with further speakers to be announced in the coming weeks.
The theme for the forthcoming edition is “The Next Episode: Keeping Our Creative Edge,” highlighting how the U.K. can “hold on to its creative brilliance, take full advantage of the opportunities of the future,...
The Royal Television Society has revealed the dates and initial speakers for its annual Rts London Convention.
This year’s event will take place on Sept. 17 at Kings Place in London and is chaired by Anna Mallett, Netflix’s vice president of production for Emea and the U.K. Netflix is also serving as the convention’s principal sponsor.
Confirmed speakers include Netflix co-ceo Ted Sarandos, BBC director-general Tim Davie, Channel 4 CEO Alex Mahon, ITV CEO Carolyn McCall and journalist Amol Rajan. “The Thursday Murder Club” author Richard Osman and The Guardian columnist Marina Hyde are also on the line-up, with further speakers to be announced in the coming weeks.
The theme for the forthcoming edition is “The Next Episode: Keeping Our Creative Edge,” highlighting how the U.K. can “hold on to its creative brilliance, take full advantage of the opportunities of the future,...
- 5/1/2024
- by Ellise Shafer
- Variety Film + TV
Francis Ford Coppola’s self-funded feature Megalopolis has revealed a first look image after landing a Cannes competition berth.
The project follows the rebuilding of a metropolis after it has fallen into decline, with two competing visions — one from the idealist architect Cesar Catilina (Adam Driver), the other from corrupt Mayor Frank Cicero, played by Giancarlo Esposito — colliding.
The first official image from Megalopolis reveals Driver eyeing a rebuilding of the City of New Rome, while Nathalie Emmanuel, as Julia Cicero, the socialite daughter of Mayor Cicero, looks on. Megalopolis is structured as a Roman epic fable set in an imagined modern America.
To rebuild New Rome, Julia Cicero ultimately comes between a Cesar Catilina she falls in love with and Frank Cicero whom she remains loyal to as her father, as the two men battle with competing visions.
The film will screen in competition in Cannes on May 17 in...
The project follows the rebuilding of a metropolis after it has fallen into decline, with two competing visions — one from the idealist architect Cesar Catilina (Adam Driver), the other from corrupt Mayor Frank Cicero, played by Giancarlo Esposito — colliding.
The first official image from Megalopolis reveals Driver eyeing a rebuilding of the City of New Rome, while Nathalie Emmanuel, as Julia Cicero, the socialite daughter of Mayor Cicero, looks on. Megalopolis is structured as a Roman epic fable set in an imagined modern America.
To rebuild New Rome, Julia Cicero ultimately comes between a Cesar Catilina she falls in love with and Frank Cicero whom she remains loyal to as her father, as the two men battle with competing visions.
The film will screen in competition in Cannes on May 17 in...
- 4/30/2024
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Lily Collins is in Rome to shoot a portion of “Emily in Paris” Season 4, which wrapped filming in France last week, she announced on Instagram.
The hit Netflix show started shooting in January in Paris ahead of the Olympic Games, which will kick off on July 26, for which the French capital is now in final preparatory stages.
Collins on Saturday posted a photo of herself and Ashley Park, who plays Mindy Chen on the comedy series, which a caption that said: “Next stop: Rome!”
Incidentally, Season 4 is shaping up to be a big one for Mindy who is reportedly headed to Eurovision.
View this post on Instagram
A post shared by Lily Collins (@lilyjcollins)
Then, in a subsequent Instagram post on Sunday, Collins revealed that she had arrived in Rome by posting a picture of herself in front of the Colosseum.
View this post on Instagram
A post shared by...
The hit Netflix show started shooting in January in Paris ahead of the Olympic Games, which will kick off on July 26, for which the French capital is now in final preparatory stages.
Collins on Saturday posted a photo of herself and Ashley Park, who plays Mindy Chen on the comedy series, which a caption that said: “Next stop: Rome!”
Incidentally, Season 4 is shaping up to be a big one for Mindy who is reportedly headed to Eurovision.
View this post on Instagram
A post shared by Lily Collins (@lilyjcollins)
Then, in a subsequent Instagram post on Sunday, Collins revealed that she had arrived in Rome by posting a picture of herself in front of the Colosseum.
View this post on Instagram
A post shared by...
- 4/30/2024
- by Nick Vivarelli
- Variety Film + TV
Amazon has leveraged the power of Nielsen ratings for “Thursday Night Football,” and Netflix could do likewise going forward.
After making its first major sports-adjacent deal in its history, there’s officially room to speculate on what sports Netflix could pursue next. Netflix signed a 10-year, $5 billion deal to stream “WWE Raw” starting in 2025 in late January, and industry talking-heads are already wondering what other sports Netflix could go after. But with Netflix’s recent decision to no longer report its subscriber totals to the public, will it still be able to convince sports leagues it wants to partner with that it’s a good potential broadcaster for their games?
Netflix has nearly 270 million customers but will stop reporting its totals publicly in Q1 2025. Company co-ceo Ted Sarandos said Netflix isn’t anti-sports, but pro-growth. Prime Video uses Nielsen ratings to quantify its sports successes, and Netflix could do likewise in the future.
After making its first major sports-adjacent deal in its history, there’s officially room to speculate on what sports Netflix could pursue next. Netflix signed a 10-year, $5 billion deal to stream “WWE Raw” starting in 2025 in late January, and industry talking-heads are already wondering what other sports Netflix could go after. But with Netflix’s recent decision to no longer report its subscriber totals to the public, will it still be able to convince sports leagues it wants to partner with that it’s a good potential broadcaster for their games?
Netflix has nearly 270 million customers but will stop reporting its totals publicly in Q1 2025. Company co-ceo Ted Sarandos said Netflix isn’t anti-sports, but pro-growth. Prime Video uses Nielsen ratings to quantify its sports successes, and Netflix could do likewise in the future.
- 4/24/2024
- by David Satin
- The Streamable
The New York Times features interviews every day. In its news report, in its podcasts like The Daily, in The New York Times Magazine.
But there was, to hear deputy managing editor Sam Dolnick explain, something missing.
“We didn’t have the really big flagship audio show that interviewed the biggest names in culture, and a place like The New York Times should,” Dolnick says.
On April 27, the Times will remedy that problem, launching what it is calling The Interview, a new franchise that will include an audio podcast, and a print version that will run in The New York Times Magazine. The Interview will be led by Talk columnist David Marchese, as well as Times audio host Lulu Garcia-Navarro.
“It felt like we had different versions of this with David’s column and some work that Lulu’s done in other parts, but we wanted to kind of build...
But there was, to hear deputy managing editor Sam Dolnick explain, something missing.
“We didn’t have the really big flagship audio show that interviewed the biggest names in culture, and a place like The New York Times should,” Dolnick says.
On April 27, the Times will remedy that problem, launching what it is calling The Interview, a new franchise that will include an audio podcast, and a print version that will run in The New York Times Magazine. The Interview will be led by Talk columnist David Marchese, as well as Times audio host Lulu Garcia-Navarro.
“It felt like we had different versions of this with David’s column and some work that Lulu’s done in other parts, but we wanted to kind of build...
- 4/23/2024
- by Alex Weprin
- The Hollywood Reporter - Movie News
Emily In Season 4: Everything You Need To Know (Photo Credit – IMDb)
Emily in Paris Season 4 update has been finally shared by Netflix. Its co-chairman, Ted Sarandos, will arrive on the streaming platform soon. Lily Collins is the star of the show, and people enjoyed watching her adjust to living in France away from her family as she gradually creates a life for herself there and makes new friends.
Season 4 Cast-
The season 4 cast has yet to be confirmed, but the actors who will probably return for the fourth time include Lily Collins as Emily [That’s a No Brainer], Ashley Park as Mindy, Lucas Bravo as Gabriel, and Camille Razat as Camille.
In addition, Philippine Leroy-Beaulieu as Sylvie, Samuel Arnold as Julien, Bruno Gouery as Luc, and William Abadie as Antoine are also expected to return to support Lily’s Emily. Daily Mail reports that French First Lady Brigitte Macron will make a cameo...
Emily in Paris Season 4 update has been finally shared by Netflix. Its co-chairman, Ted Sarandos, will arrive on the streaming platform soon. Lily Collins is the star of the show, and people enjoyed watching her adjust to living in France away from her family as she gradually creates a life for herself there and makes new friends.
Season 4 Cast-
The season 4 cast has yet to be confirmed, but the actors who will probably return for the fourth time include Lily Collins as Emily [That’s a No Brainer], Ashley Park as Mindy, Lucas Bravo as Gabriel, and Camille Razat as Camille.
In addition, Philippine Leroy-Beaulieu as Sylvie, Samuel Arnold as Julien, Bruno Gouery as Luc, and William Abadie as Antoine are also expected to return to support Lily’s Emily. Daily Mail reports that French First Lady Brigitte Macron will make a cameo...
- 4/23/2024
- by Esita Mallik
- KoiMoi
US and South Africa-based outfit Nthibah Pictures, whose genre film Boy Kills World goes out on 2,400 screens in the US this Friday (April 26), has revealed its next feature project, Project Legion, to be directed by Jozua Malherbe.
It is the first since parent company Talent10 Holdings Investment Group confirmed a multi-million dollar investment into Nthibah from the Industrial Development Corporation of South Africa (Idc).
Wayne Fitzjohn, chairman of Nthibah Pictures and founder and CEO of Talent10 Holdings, said the Idc funds will go towards significantly expanding Nthibah’s content slate.
Project Legion (working title), the first feature fully financed and produced under the new investment,...
It is the first since parent company Talent10 Holdings Investment Group confirmed a multi-million dollar investment into Nthibah from the Industrial Development Corporation of South Africa (Idc).
Wayne Fitzjohn, chairman of Nthibah Pictures and founder and CEO of Talent10 Holdings, said the Idc funds will go towards significantly expanding Nthibah’s content slate.
Project Legion (working title), the first feature fully financed and produced under the new investment,...
- 4/23/2024
- ScreenDaily
Picture Tree International (Pti) has boarded Vena, the debut feature of German writer-director Chiara Fleischhacker.
The gritty social drama is in the late stages of post-production, and Pti will launch a first trailer at the Cannes Film Market.
Weltkino is to distribute the film in Germany, and has set a tentative release date for late autumn 2024.
The film stars Emma Nova, whose credits include The Tobacconist and Manta Manta Legacy; 7500’s Paul Wollin; and The Reader and Hannah Arendt’s Friederike Becht.
Nova plays a woman grappling with an unexpected pregnancy alongside her boyfriend (Wollin). Both seek solace in...
The gritty social drama is in the late stages of post-production, and Pti will launch a first trailer at the Cannes Film Market.
Weltkino is to distribute the film in Germany, and has set a tentative release date for late autumn 2024.
The film stars Emma Nova, whose credits include The Tobacconist and Manta Manta Legacy; 7500’s Paul Wollin; and The Reader and Hannah Arendt’s Friederike Becht.
Nova plays a woman grappling with an unexpected pregnancy alongside her boyfriend (Wollin). Both seek solace in...
- 4/22/2024
- ScreenDaily
The spotlight is on hip-hop mogul Sean “P. Diddy” Combs following the Homeland Security raid on his two properties. Two of his sons, Christian “King” Combs and Justin Combs, were detained during the raid. But this isn’t the first time Diddy followers have seen his sons’ names in the press. Christian once explained a strange party experience he had involving Paris Hilton. Here’s what he said.
Sean ‘P. Diddy’ Combs’ son, Christian ‘King’ Combs, had a ‘lit’ party experience with Paris Hilton
Sean “P. Diddy” Combs’ son, Christian “King” Combs, is 26 years old in 2024, and he’s likely seen a few wild parties thrown by his dad. The hip-hop mogul knows how to throw a huge bash involving big names in the music world. Of course, Paris Hilton has attended multiple parties thrown by Diddy.
Christian was once interviewed and asked about his “strangest” interaction at a party.
Sean ‘P. Diddy’ Combs’ son, Christian ‘King’ Combs, had a ‘lit’ party experience with Paris Hilton
Sean “P. Diddy” Combs’ son, Christian “King” Combs, is 26 years old in 2024, and he’s likely seen a few wild parties thrown by his dad. The hip-hop mogul knows how to throw a huge bash involving big names in the music world. Of course, Paris Hilton has attended multiple parties thrown by Diddy.
Christian was once interviewed and asked about his “strangest” interaction at a party.
- 4/20/2024
- by Lauren Weiler
- Showbiz Cheat Sheet
There are so many beloved Netflix shows with upcoming seasons on the way and now we know which ones will be premiering before the end of 2024.
We already know that Stranger Things won’t be back until 2025, so you unfortunately won’t be seeing that show on this list.
Co-CEO Ted Sarandos revealed the list of shows during a first-quarter earnings call on Wednesday (April 17), during which he teased that Netflix will likely be licensing more existing shows in the future.
Ted revealed that six beloved shows will return before the end of 2024 and three exciting new shows will be released before the end of the year.
Browse through the slideshow to see which shows…...
We already know that Stranger Things won’t be back until 2025, so you unfortunately won’t be seeing that show on this list.
Co-CEO Ted Sarandos revealed the list of shows during a first-quarter earnings call on Wednesday (April 17), during which he teased that Netflix will likely be licensing more existing shows in the future.
Ted revealed that six beloved shows will return before the end of 2024 and three exciting new shows will be released before the end of the year.
Browse through the slideshow to see which shows…...
- 4/19/2024
- by Just Jared
- Just Jared
I never liked Tom Ripley but I keep meeting him.
I’ve “met” Ripley in five films, and he’s now the protagonist of a somber eight-part Netflix series. So filmmakers clearly find his character intriguing. Even though he has no character.
That, in itself, reminds me that Hollywood is suffering the same problem as Washington: an absence of vital young protagonists. Voters are confronted by an election that’s really a rerun, likely opened by a debate no one wants to witness.
In filmmaking, the worldwide success of Oppenheimer told us that a complex story becomes more interesting if it’s also about someone interesting. Yet movies with vibrant young protagonists seem to be losing their moment.
Dan Lin, the new chief of film at Netflix, confides a desire — since rebutted by Ted Sarandos on Thursday’s Q1 earnings call — to steer away from mindless mega-budget action films like...
I’ve “met” Ripley in five films, and he’s now the protagonist of a somber eight-part Netflix series. So filmmakers clearly find his character intriguing. Even though he has no character.
That, in itself, reminds me that Hollywood is suffering the same problem as Washington: an absence of vital young protagonists. Voters are confronted by an election that’s really a rerun, likely opened by a debate no one wants to witness.
In filmmaking, the worldwide success of Oppenheimer told us that a complex story becomes more interesting if it’s also about someone interesting. Yet movies with vibrant young protagonists seem to be losing their moment.
Dan Lin, the new chief of film at Netflix, confides a desire — since rebutted by Ted Sarandos on Thursday’s Q1 earnings call — to steer away from mindless mega-budget action films like...
- 4/19/2024
- by Peter Bart
- Deadline Film + TV
In the stock market, the story is everything.
If you are a public company, you want to tell a story about your business. A story of growth, of ambition, of what your future holds and what your ceiling can be.
When it works, it can send your share price soaring (just look at Nvidia and its status as the hardware company of artificial intelligence). When it doesn’t, it can result in a hasty retreat back to private ownership (see: Endeavor).
It’s something that Netflix knows all too well.
Toward the end of 2021, riding high as consumers flocked to the platform during the Covid-19 pandemic, Netflix shares topped $600. By the end of April 2022, after reporting a surprising loss of subscribers, shares tumbled below $200.
Ever since it launched, Netflix’s growth story was driven by new subscribers. More and more people kept subscribing, and as the company forged ahead with...
If you are a public company, you want to tell a story about your business. A story of growth, of ambition, of what your future holds and what your ceiling can be.
When it works, it can send your share price soaring (just look at Nvidia and its status as the hardware company of artificial intelligence). When it doesn’t, it can result in a hasty retreat back to private ownership (see: Endeavor).
It’s something that Netflix knows all too well.
Toward the end of 2021, riding high as consumers flocked to the platform during the Covid-19 pandemic, Netflix shares topped $600. By the end of April 2022, after reporting a surprising loss of subscribers, shares tumbled below $200.
Ever since it launched, Netflix’s growth story was driven by new subscribers. More and more people kept subscribing, and as the company forged ahead with...
- 4/19/2024
- by Alex Weprin
- The Hollywood Reporter - Movie News
This week’s release of Zack Snyder’s “Rebel Moon – Part Two: The Scargiver” (read our review) puts many of Netflix’s problems into sharp focus. Reportedly costing around $166 million to make for both films, arguably much less expensive than some big Marvel and “Star Wars” that cost around $200 million each, it’s still a significant figure for movies that have been met with massive critical derision.
Continue reading Netflix’s Ted Sarandos Says Streamer Has “No Appetite To Make Fewer Films” at The Playlist.
Continue reading Netflix’s Ted Sarandos Says Streamer Has “No Appetite To Make Fewer Films” at The Playlist.
- 4/19/2024
- by Rodrigo Perez
- The Playlist
While the dual union strikes of the writers and the actors postponed some projects, once the studios and unions reached an agreement, there was a lot of catch-up to play. The postponed schedules meant that this year is seeing a delay in several releases. It also looks as if some studios are going to see some releases grouped together. According to The Hollywood Reporter, popular Netflix shows that would have seen a more dispersed schedule are now bunched for later 2024.
The latter half of the year will see the continuation of Netflix’s slate of popular original programming like the anticipated new season of Squid Game, the streaming platform’s biggest series of all time. The schedule will also premiere The Night Agent as well as the final season of the popular Karate Kid sequel series, Cobra Kai. The new season of Outer Banks is also on the dock, plus...
The latter half of the year will see the continuation of Netflix’s slate of popular original programming like the anticipated new season of Squid Game, the streaming platform’s biggest series of all time. The schedule will also premiere The Night Agent as well as the final season of the popular Karate Kid sequel series, Cobra Kai. The new season of Outer Banks is also on the dock, plus...
- 4/19/2024
- by EJ Tangonan
- JoBlo.com
David Zaslav saw his total compensation package last year jump by more than $10 million to $49.7 million in 2023 — with Warner Bros. Discovery awarding him a base salary of $3 million, plus $23 million in stock awards, and non-equity incentive plan compensation (a cash bonus) of $22 million.
It’s the second rather princely CEO package in as many days in an industry known for them as Netflix yesterday unveiled a similarly sized package co-ceo Ted Sarandos.
Zaslav, however, has for years been the poster child of high CEO pay, with a hard to swallow 2021 package of nearly $247 million, swelled by $203 million worth of option awards. That number — and the others — were plastered on posters last spring as the writers guild’ labor talks got heated. CEO pay remained a rallying cry. It might again with a new set of labor talks underway and an overall contraction in the industry that’s causing pain above and below the line.
It’s the second rather princely CEO package in as many days in an industry known for them as Netflix yesterday unveiled a similarly sized package co-ceo Ted Sarandos.
Zaslav, however, has for years been the poster child of high CEO pay, with a hard to swallow 2021 package of nearly $247 million, swelled by $203 million worth of option awards. That number — and the others — were plastered on posters last spring as the writers guild’ labor talks got heated. CEO pay remained a rallying cry. It might again with a new set of labor talks underway and an overall contraction in the industry that’s causing pain above and below the line.
- 4/19/2024
- by Jill Goldsmith
- Deadline Film + TV
Los Angeles, April 19 (Ians) Netflix co-ceo Ted Sarandos earned a bit less in 2023 than the year before — but his pay package was still worth $49.8 million, reports ‘Variety’.
That was down from $50.3 million in 2022, according to a Netflix proxy statement filed on Thursday (US Pacific Time) with the US Securities and Exchange Commission.
In 2023, Sarandos had a base salary of $3 million, $28.3 million worth of stock option awards, a $16.5 million cash bonus and $1.98 million in other compensation, adds ‘Variety.’
The Netflix board’s compensation committee had approved the residential security costs “after considering the potential security concerns related to Mr Sarandos’ service as an executive officer”. The committee emphasised that it believed the “security costs are a necessary and appropriate business expense”.
Greg Peters, who assumed the co-ceo’s role in January 2023, had a compensation package last year worth $40.1 million, a significant jump from $28.1 million in 2022. He previously had served as COO and chief product officer.
That was down from $50.3 million in 2022, according to a Netflix proxy statement filed on Thursday (US Pacific Time) with the US Securities and Exchange Commission.
In 2023, Sarandos had a base salary of $3 million, $28.3 million worth of stock option awards, a $16.5 million cash bonus and $1.98 million in other compensation, adds ‘Variety.’
The Netflix board’s compensation committee had approved the residential security costs “after considering the potential security concerns related to Mr Sarandos’ service as an executive officer”. The committee emphasised that it believed the “security costs are a necessary and appropriate business expense”.
Greg Peters, who assumed the co-ceo’s role in January 2023, had a compensation package last year worth $40.1 million, a significant jump from $28.1 million in 2022. He previously had served as COO and chief product officer.
- 4/19/2024
- by Agency News Desk
- GlamSham
The intrigue surrounding the fate of Paramount deepened on Thursday after it emerged that Sony Pictures and Apollo Global Management were said to be discussing whether to make a bid for the studio.
While exclusive negotiations are ongoing between David Ellison’s Skydance Media, RedBird Capital and Paramount Global majority shareholder National Amusements, The New York Times reported on the Sony development.
It is understood no bid has been submitted, but the Times said Sony Pictures CEO Tony Vinciquerra held talks with Apollo last week as they weigh up an all-cash offer for Paramount’s outstanding stock that would effectively take the studio private.
While exclusive negotiations are ongoing between David Ellison’s Skydance Media, RedBird Capital and Paramount Global majority shareholder National Amusements, The New York Times reported on the Sony development.
It is understood no bid has been submitted, but the Times said Sony Pictures CEO Tony Vinciquerra held talks with Apollo last week as they weigh up an all-cash offer for Paramount’s outstanding stock that would effectively take the studio private.
- 4/19/2024
- ScreenDaily
Netflix co-ceo Ted Sarandos has pushed back against a recent press report and said Netflix would not be reducing the number or quality of its features under new film head Dan Lin.
“There is no appetite to make fewer films,” Sarandos told a first quarter earnings call after an analyst asked about a recent article in The New York Times which said Lin would make “better, cheaper and less frequent” films.
The executive noted neither Lin nor any Netflix executive had taken part in the article, adding: “ut there is an unlimited appetite to make better films, always, even though...
“There is no appetite to make fewer films,” Sarandos told a first quarter earnings call after an analyst asked about a recent article in The New York Times which said Lin would make “better, cheaper and less frequent” films.
The executive noted neither Lin nor any Netflix executive had taken part in the article, adding: “ut there is an unlimited appetite to make better films, always, even though...
- 4/18/2024
- ScreenDaily
As Netflix’s new film chief, Dan Lin’s mandate is to focus on quality — and quantity.
Netflix’s co-ceo Ted Sarandos shed light on Lin’s strategy as the producer takes over film duties from Scott Stuber, who announced in January he was leaving the streamer.
“There is no appetite to make fewer films, but there is an unlimited appetite to make better films, always,” Sarandos said during the company’s Q1 earnings call. “Even though we have made, and we are making, great films. We want to make them better, of course.”
He was responding to a recent New York Times article, which reported that Lin aims to “improve the quality of the movies and produce a wider spectrum of films — at different budget levels — the better to appeal to the varied interests of Netflix’s 260 million subscribers.”
Though Sarandos mostly echoed those sentiments, he made a point...
Netflix’s co-ceo Ted Sarandos shed light on Lin’s strategy as the producer takes over film duties from Scott Stuber, who announced in January he was leaving the streamer.
“There is no appetite to make fewer films, but there is an unlimited appetite to make better films, always,” Sarandos said during the company’s Q1 earnings call. “Even though we have made, and we are making, great films. We want to make them better, of course.”
He was responding to a recent New York Times article, which reported that Lin aims to “improve the quality of the movies and produce a wider spectrum of films — at different budget levels — the better to appeal to the varied interests of Netflix’s 260 million subscribers.”
Though Sarandos mostly echoed those sentiments, he made a point...
- 4/18/2024
- by Rebecca Rubin
- Variety Film + TV
Netflix Co-CEO Ted Sarandos says “there’s no appetite to make fewer films” at the streamer under the new film chief Dan Lin, disputing a recent New York Times article that said Netflix would move forward valuing quality over quantity and audience engagement over auteurs.
Sarandos on Thursday’s Netflix Q1 earnings call responded to a piece this week in the New York Times that said “the aim is to make Netflix’s movies better, cheaper and less frequent.”
“That was not a quote from Dan, and I would say that nor did we participate in that article. There is no appetite to make fewer films,” Sarandos responded. “But there is an unlimited appetite to make better films always, even though we have made and are making great films, we want to make them better of course.”
Lin joined Netflix at the start of April to replace Scott Stuber, who...
Sarandos on Thursday’s Netflix Q1 earnings call responded to a piece this week in the New York Times that said “the aim is to make Netflix’s movies better, cheaper and less frequent.”
“That was not a quote from Dan, and I would say that nor did we participate in that article. There is no appetite to make fewer films,” Sarandos responded. “But there is an unlimited appetite to make better films always, even though we have made and are making great films, we want to make them better of course.”
Lin joined Netflix at the start of April to replace Scott Stuber, who...
- 4/18/2024
- by Brian Welk
- Indiewire
With Aladdin producer Dan Lin taking over film leadership at Netflix from Scott Stuber, there will still be a commitment to a robust feature slate. Such were the statements from the streamer’s co-ceo on Thursday during the company’s call to discuss its Q1 earnings report.
Fielding a question from analyst Richard Greenfield about a New York Times report that characterized Lin’s mandate was to make movies at Netflix “better, cheaper and less frequent” and how such a formula is possible, Netflix’s Ted Sarandos responded, “We did not participate in that article.”
Sarandos added, “That’s not a quote from Dan.”
“There’s no appetite to make fewer films,” said Sarandos, whose company release some 50 original features last year alone, with some previous-year tentpoles costing the studio north of $200 million including the Russo Brothers’ The Gray Man, and prestige pics like Noah Baumbach’s White Noise as much as $140M.
Fielding a question from analyst Richard Greenfield about a New York Times report that characterized Lin’s mandate was to make movies at Netflix “better, cheaper and less frequent” and how such a formula is possible, Netflix’s Ted Sarandos responded, “We did not participate in that article.”
Sarandos added, “That’s not a quote from Dan.”
“There’s no appetite to make fewer films,” said Sarandos, whose company release some 50 original features last year alone, with some previous-year tentpoles costing the studio north of $200 million including the Russo Brothers’ The Gray Man, and prestige pics like Noah Baumbach’s White Noise as much as $140M.
- 4/18/2024
- by Anthony D'Alessandro
- Deadline Film + TV
In 2023, the then-newly named Netflix co-ceo Greg Peters saw his total target compensation package grow to $40 million up from $26 million the prior year.
Co-CEO Ted Sarandos brought in $49.8 million in 2023, with a base salary of $3 million, $28 million in stock awards, an annual bonus of $16.5 million and all other compensation totaling close to $2 million, down from $50.3 million the prior year.
Sarandos’ all other compensation includes, “$13,200 representing our matching contribution made under our 401(k) plan, $55,913 for car services, $620,013 for personal use of company aircraft, and $1,295,805 in residential security costs paid to a third-party provider by the Company valued on the basis of aggregate incremental cost to the Company,” per a proxy filing.
Peters’ pay package included a base salary of $2.89 million, stock awards of $22.7 million, a bonus of $13.9 million and all other compensation totaling $620,602, which relates to use of the company aircraft.
Reed Hastings, now the company’s executive chairman who stepped...
Co-CEO Ted Sarandos brought in $49.8 million in 2023, with a base salary of $3 million, $28 million in stock awards, an annual bonus of $16.5 million and all other compensation totaling close to $2 million, down from $50.3 million the prior year.
Sarandos’ all other compensation includes, “$13,200 representing our matching contribution made under our 401(k) plan, $55,913 for car services, $620,013 for personal use of company aircraft, and $1,295,805 in residential security costs paid to a third-party provider by the Company valued on the basis of aggregate incremental cost to the Company,” per a proxy filing.
Peters’ pay package included a base salary of $2.89 million, stock awards of $22.7 million, a bonus of $13.9 million and all other compensation totaling $620,602, which relates to use of the company aircraft.
Reed Hastings, now the company’s executive chairman who stepped...
- 4/18/2024
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Netflix is gearing up for a big second half of 2024.
Co-CEO Ted Sarandos teased a host of marquee series set to debut in the last six months of the year on the streamer’s first-quarter earnings call Wednesday. Sarandos was asked about going into this year’s upfront market for advertisers and promised that buyers will see a long list of anticipated titles at Netflix’s presentation.
Among the returning series set to premiere in the second half of the year are second seasons of Squid Game — the streamer’s biggest series of all time — and The Night Agent, the final season of Cobra Kai, and new seasons for Outer Banks, Emily in Paris and Ryan Murphy’s Monster anthology, whose second season will focus on Lyle and Erik Menendez. Among the new series set for the back half of the year are Peter Berg’s Western American Primeval, limited...
Co-CEO Ted Sarandos teased a host of marquee series set to debut in the last six months of the year on the streamer’s first-quarter earnings call Wednesday. Sarandos was asked about going into this year’s upfront market for advertisers and promised that buyers will see a long list of anticipated titles at Netflix’s presentation.
Among the returning series set to premiere in the second half of the year are second seasons of Squid Game — the streamer’s biggest series of all time — and The Night Agent, the final season of Cobra Kai, and new seasons for Outer Banks, Emily in Paris and Ryan Murphy’s Monster anthology, whose second season will focus on Lyle and Erik Menendez. Among the new series set for the back half of the year are Peter Berg’s Western American Primeval, limited...
- 4/18/2024
- by Rick Porter
- The Hollywood Reporter - Movie News
Netflix co-ceo Ted Sarandos earned a bit less in 2023 than the year before — but he still had a pay package worth $49.8 million.
That was down from $50.3 million for Sarandos in 2022, according to Netflix’s proxy statement filed Thursday with the SEC. In 2023, Sarandos had a base salary of $3 million, $28.3 million worth of stock option awards, a $16.5 cash bonus and $1.98 million in other compensation. The Netflix board’s compensation committee approved the residential security costs “after considering the potential security concerns related to Mr. Sarandos’ service as an executive officer and believes the security costs are a necessary and appropriate business expense.”
Greg Peters, who assumed the role of co-ceo in January 2023, had a compensation package last year worth $40.1 million, a significant jump from $28.1 million in 2022. He previously had served as COO and chief product officer. Peters’ 2023 pay included $2.9 million salary, $22.7 million in stock options, a $13.9 million cash bonus and $620,602 for personal use of company aircraft.
That was down from $50.3 million for Sarandos in 2022, according to Netflix’s proxy statement filed Thursday with the SEC. In 2023, Sarandos had a base salary of $3 million, $28.3 million worth of stock option awards, a $16.5 cash bonus and $1.98 million in other compensation. The Netflix board’s compensation committee approved the residential security costs “after considering the potential security concerns related to Mr. Sarandos’ service as an executive officer and believes the security costs are a necessary and appropriate business expense.”
Greg Peters, who assumed the role of co-ceo in January 2023, had a compensation package last year worth $40.1 million, a significant jump from $28.1 million in 2022. He previously had served as COO and chief product officer. Peters’ 2023 pay included $2.9 million salary, $22.7 million in stock options, a $13.9 million cash bonus and $620,602 for personal use of company aircraft.
- 4/18/2024
- by Todd Spangler
- Variety Film + TV
Netflix co-ceo Ted Sarandos saw a 2023 compensation package valued at $49.8 million, down a hair from the year before but with one big change — he took more in stock option awards than in cash as the streamer shifts its pay policies.
Sarandos had a $3 million base salary for last year, up from $20 million the year before. Option awards worth $28.3 million compared with $28.5 million for 2022. Also in 2023, he was awarded a non-equity incentive plan compensation — like a cash bonus — for $16.5 million, according to the company’s latest proxy report.
Co-CEO Greg Peters had a package worth $40 million, up from $28 million in 2022. He was named co-ceo in Jan. of 2023.
Proxies list the salaries of a company’s five highest paid executives. Netflix’ hit in the middle of a webcast with execs discussing first quarter earnings.
Netflix has frequently tangled with shareholders over executive pay, particularly how it allowed executives to choose how they want to be paid,...
Sarandos had a $3 million base salary for last year, up from $20 million the year before. Option awards worth $28.3 million compared with $28.5 million for 2022. Also in 2023, he was awarded a non-equity incentive plan compensation — like a cash bonus — for $16.5 million, according to the company’s latest proxy report.
Co-CEO Greg Peters had a package worth $40 million, up from $28 million in 2022. He was named co-ceo in Jan. of 2023.
Proxies list the salaries of a company’s five highest paid executives. Netflix’ hit in the middle of a webcast with execs discussing first quarter earnings.
Netflix has frequently tangled with shareholders over executive pay, particularly how it allowed executives to choose how they want to be paid,...
- 4/18/2024
- by Jill Goldsmith
- Deadline Film + TV
Netflix’s global subscribers climbed by 9.3m to 269.6m in the first quarter of 2024 and revenue increased 14.8% year-on-year to $9.4bn, beating analysts’ expectations on both counts.
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. The ad-supported tier is entering its second year and business grew 65% since last...
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. The ad-supported tier is entering its second year and business grew 65% since last...
- 4/18/2024
- ScreenDaily
Netflix’s global subscribers climbed by 9.3m to 269.6m in the first quarter of 2024 and revenue increased 14.8% year-on-year to $9.4bn, beating analysts’ expectations on both counts.
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
- 4/18/2024
- ScreenDaily
Netflix’s global membership climbed by 9.3m to 269.6m in the first quarter of 2024 and revenue increased 14.8% year-on-year to $9.4bn, beating analysts’ expectations on both counts.
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
- 4/18/2024
- ScreenDaily
Netflix’s global membership climbed by 9.33m to 269.6m in the first quarter of 2024 and revenue increased 14.8% year-on-year to $9.4bn, beating analysts’ expectations on both counts.
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
The streamer said starting in Q1 2025 it will stop reporting quarterly membership numbers and average revenue per member and focus on its “primary financial metrics” like revenue, operating income, profit, earnings per share, and free cash flow.
Q2 revenue guidance of $9.49bn was below Wall Street estimates, causing stock to fall more than 5% after closing to $581.
However Q1 numbers were strong. Operating income grew by 54% from $1.7bn in Q1 2023 to $2.6bn, and operating margin...
- 4/18/2024
- ScreenDaily
Netflix added a whopping 9.33 million subscribers in the first quarter of the year, an impressive figure that blew away Wall Street’s expectations. We now know it has just shy of 270 million subscribers worldwide.
Well, don’t get used to it. 2024 is the last year Netflix will share publicly how many subscribers it added or lost in a given quarter during its quarterly earnings reports, the company announced on Thursday to kick off its fiscal 2024.
The streamer writes that beginning in Q1 2025, Netflix will “stop reporting quarterly membership numbers and Arm,” which stands for “average revenue per membership.” So not only will we not know each quarter how many subscribers Netflix has at a given moment, we also won’t know how much revenue it made off each of those subscribers.
The company explains it’s now focused on revenue, operating margins, and engagement (time spent on Netflix) as its main barometers for success.
Well, don’t get used to it. 2024 is the last year Netflix will share publicly how many subscribers it added or lost in a given quarter during its quarterly earnings reports, the company announced on Thursday to kick off its fiscal 2024.
The streamer writes that beginning in Q1 2025, Netflix will “stop reporting quarterly membership numbers and Arm,” which stands for “average revenue per membership.” So not only will we not know each quarter how many subscribers Netflix has at a given moment, we also won’t know how much revenue it made off each of those subscribers.
The company explains it’s now focused on revenue, operating margins, and engagement (time spent on Netflix) as its main barometers for success.
- 4/18/2024
- by Brian Welk
- Indiewire
Netflix reported its first-quarter earnings Thursday, adding 9.3 million subscribers and expanding its lead as subscription streaming TV’s dominant platform.
The company now has 269.6 million global subscribers. The company said in its quarterly letter that it will stop reporting subscriber numbers and average revenue per member beginning in the first quarter of 2025.
Netflix reported revenue of $9.4 billion and operating income of $2.6 billion, both up substantially from a year earlier.
For Q2, the company expects revenue growth to be at 16 percent, with lower paid net additions due to seasonality. For the year, the company expects annual revenue growth of 13-15 percent.
Netflix has been on a tear in recent months, adding millions of subscribers each quarter thanks to its consistent slate of programming, and its recent efforts to crack down on password and account sharing, as well as its push into advertising via its nascent and less expensive ad tier. In...
The company now has 269.6 million global subscribers. The company said in its quarterly letter that it will stop reporting subscriber numbers and average revenue per member beginning in the first quarter of 2025.
Netflix reported revenue of $9.4 billion and operating income of $2.6 billion, both up substantially from a year earlier.
For Q2, the company expects revenue growth to be at 16 percent, with lower paid net additions due to seasonality. For the year, the company expects annual revenue growth of 13-15 percent.
Netflix has been on a tear in recent months, adding millions of subscribers each quarter thanks to its consistent slate of programming, and its recent efforts to crack down on password and account sharing, as well as its push into advertising via its nascent and less expensive ad tier. In...
- 4/18/2024
- by Alex Weprin
- The Hollywood Reporter - Movie News
New data from Ampere Analysis shows how much HBO titles like ‘Band of Brothers’ and ‘Insecure’ have risen in popularity since becoming available on Netflix.
It’s been nearly a year since reports first surfaced that Warner Bros. Discovery was in talks with Netflix to send some HBO original titles to stream on that platform, while at the same time remaining on Wbd’s platform Max. At the time the move was considered somewhat controversial, as the prevailing wisdom at the time held that media companies should keep their prized content in order to draw viewers to their own services. But months after the licensing deal between HBO and Netflix became official, new data from Ampere Analysis shows that many HBO shows doubled in popularity after being sent to stream on Netflix.
“Ballers” saw the biggest jump in relative popularity, quadrupling its score in the month after its Netflix premiere.
It’s been nearly a year since reports first surfaced that Warner Bros. Discovery was in talks with Netflix to send some HBO original titles to stream on that platform, while at the same time remaining on Wbd’s platform Max. At the time the move was considered somewhat controversial, as the prevailing wisdom at the time held that media companies should keep their prized content in order to draw viewers to their own services. But months after the licensing deal between HBO and Netflix became official, new data from Ampere Analysis shows that many HBO shows doubled in popularity after being sent to stream on Netflix.
“Ballers” saw the biggest jump in relative popularity, quadrupling its score in the month after its Netflix premiere.
- 4/15/2024
- by David Satin
- The Streamable
They’re baaack. We retired Strike Talk, the Deadline podcast by Billy Ray and Todd Garner Deadline hatched to lend perspective and serve as a beacon of hope to the industry during the WGA and SAG-AFTRA strikes. We’ve put the band back together because a potential standoff between the signatories and the negotiators for the Teamster and IATSE guilds looms just up the road when their contracts expire July 31. Are the signatories going to repeat last year’s failed strategy of keeping the CEOs out of the room until too late to stop another disastrous Hollywood shut down? Ray and Garner pose that question to Lindsay Dougherty, who’s leading the negotiation for the Teamsters, and who here reveals she has not had even a passing chat with any of the CEOs that finally solved the last round of labor strife. Dougherty figured into the last strike when...
- 4/12/2024
- by The Deadline Team
- Deadline Film + TV
It has only been one month since the 96th Academy Awards ended, but this week it looks like the race for the 97th has (un)officially begun.
Say what???
Even though Emmy season is in full force (Deadline’s two-day Contenders Television live and livestream event takes place this weekend), it’s never too early to start a new Oscar season. That is why I traveled to Las Vegas this week to squeeze in CinemaCon — that movie orgy convention of what studios have in store for us — in between last Sunday’s roaring Bruce Springsteen concert at the Forum and last night’s rocking “Keep The Party Going: Jimmy Buffett Tribute” at the Hollywood Bowl.
By the way, I spotted more Hollywood heavyweights in Bowl boxes Thursday night than even at CinemaCon, including Ted Sarandos, David Zaslav, Bob Iger, Jennifer Salke, Frank Marshall (even playing guitar on stage in the...
Say what???
Even though Emmy season is in full force (Deadline’s two-day Contenders Television live and livestream event takes place this weekend), it’s never too early to start a new Oscar season. That is why I traveled to Las Vegas this week to squeeze in CinemaCon — that movie orgy convention of what studios have in store for us — in between last Sunday’s roaring Bruce Springsteen concert at the Forum and last night’s rocking “Keep The Party Going: Jimmy Buffett Tribute” at the Hollywood Bowl.
By the way, I spotted more Hollywood heavyweights in Bowl boxes Thursday night than even at CinemaCon, including Ted Sarandos, David Zaslav, Bob Iger, Jennifer Salke, Frank Marshall (even playing guitar on stage in the...
- 4/12/2024
- by Pete Hammond
- Deadline Film + TV
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