Netflix

Netflix Adds 4.4M New Subscribers in Third Quarter, Surpassing Projections

Netflix Adds 4.4M New Subscribers in Third Quarter, Surpassing Projections

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital #Business The streaming giant projected it would add 3.5 million new subscribers in Q3. Netflix added 4.4 million new subscribers in the third quarter of 2021 for a total of 214 million paid subscribers. The subscriber adds surpass Netflix’s modest projections that it would add 3.5 million subscribers in Q3. Last quarter, the company saw its total subscriber base increase by 1.5 million, though Netflix lost around 400,000 subscribers in the U.S. and Canada. In Q1, the company failed to meet its projections, adding only 4 million new subscribers — 2 million short of…
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Netflix Taps PepsiCo’s Sergio Ezama As Chief Talent Officer

Netflix Taps PepsiCo’s Sergio Ezama As Chief Talent Officer

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital The executive replaces Jessica Neal and will begin at the streamer in September. Netflix has hired PepsiCo’s Sergio Ezama as the streamer’s next chief talent officer, a company spokesperson confirmed to The Hollywood Reporter on Friday. Ezama will begin at Netflix in mid-September after serving as PepsiCo’s global chief talent officer and chief human resources officer. At the streaming company, Ezama will begin remotely from New York but will ultimately work out of Netflix’s multiple global offices. Ezama will replace Jessica Neal, who left Netflix in April after a total of 12 years at the…
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Netflix to Require COVID-19 Vaccinations On All U.S. Productions

Netflix to Require COVID-19 Vaccinations On All U.S. Productions

BY BRYN SANDBERG | HollywoodReporter.Com Troy Warren for CNT The move, which applies to Zone A on film and TV sets, comes as the Delta variant spreads. Netflix is making COVID-19 vaccinations mandatory on its U.S. productions — at least in Zone A, the part on  set with actors. The move makes the streamer the first major studio to institute a blanket vaccination policy. A source says Netflix is closely following the recently updated return-to-work protocols agreed upon by the guilds and studios, which says that the industry may mandate vaccinations in Zone A on a project-by-project basis. The new standards were agreed to…
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What Will Netflix Bet On Beyond Subscriptions?

What Will Netflix Bet On Beyond Subscriptions?

BY GEORG SZALAI | HollywoodReporter.Com Troy Warren for CNT Ahead of its July 20 earnings, the streaming giant has signaled moves into video games, events and merchandise. It won’t just be all about subscribers and financials in Netflix’s quarterly earnings report and call on Tuesday, July 20. Wall Street and Hollywood will also be closely watching for management to potentially provide commentary, or at least a signal, on a direction on any new business initiatives, such as unveiled steps into video games and merchandise. Since June, Netflix has opened an online store — where it sells items based on properties like Stranger Things, The Witcher and Bridgerton — hired an executive, Mike…
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Netflix Hires Researcher Paul Debevec to Oversee Emerging Technology Team (Exclusive)

Netflix Hires Researcher Paul Debevec to Oversee Emerging Technology Team (Exclusive)

BY CAROLYN GIARDINA | HollywoodReporter.Com Troy Warren for CNT Debevec, whose work contributed to the making of films from 'Gravity' to 'Avatar,' will serve as director of research at the streamer. Respected researcher Paul Debevec has joined Netflix as director of research, a newly created role on the streaming services’ data science and engineering team. He will additionally continue his responsibilities as an adjunct research professor of computer science at USC’s Viterbi School of Engineering, working within the Vision and Graphics Laboratory at the USC Institute for Creative Technologies. At Netflix, Debevec will oversee research and development around new technologies in computer vision, computer graphics and machine learning,…
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Liam Neeson in Netflix’s ‘The Ice Road’: Film Review

Liam Neeson in Netflix’s ‘The Ice Road’: Film Review

BY FRANK SCHECK | HollywoodReporter.Com Troy Warren for CNT The actor plays a big-rig trucker on a dangerous mission to rescue trapped Canadian miners in Jonathan Hensleigh's action thriller. A scowling Liam Neeson looks particularly unhappy on the poster for the The Ice Road, and who can blame him? The actor, who recently turned 69, is working harder than ever for his money, in this case enduring sub-freezing temperatures and even a dip into icy waters for director/screenwriter Jonathan Hensleigh’s thriller premiering on Netflix. Yes, Neeson has found a very successful niche as a rugged and distinctly mature action star, but at this point it’s…
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Steven Spielberg’s Amblin Partners Signs Film Production Partnership With Netflix

Steven Spielberg’s Amblin Partners Signs Film Production Partnership With Netflix

BY BORYS KIT | HollywoodReporter.Com Troy Warren for CNT The deal is on top of the one Amblin already has with Universal. Amblin Partners, the production outfit run by Steven Spielberg, has signed a partnership with Netflix. The deal will see the company produce multiple films for the streamer per year and is on top of the long-standing output pact the company has with Universal, which is theatrical in nature and was renewed in December 2020. Amblin sees the deal as a way to increase its film slate. The Netflix deal has no restrictions regarding budget or genre, according to insiders. “At…
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“The Netflix of Wellness”: Inside the Hollywoodization of Peloton

“The Netflix of Wellness”: Inside the Hollywoodization of Peloton

BY COURTNEY RUBIN | HollywoodReporter.Com Troy Warren for CNT The bike company has become a global content brand via rigorous scripting of classes, canny promotion of instructors and entertainment industry partnerships. In the spring of 2018 — in the days before Peloton was ubiquitous — the company set out to make a TV ad cool enough to wipe away the perception that its internet-connected bike was a suburban mom thing. CEO and now-billionaire John Foley — a former president of ecommerce at Barnes & Noble — wanted to shoot for the moon, suggesting licensing tracks from bands he loved, including The…
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Netflix, Spotify Need to Offer “More and More Services” to Avoid Churn, LionTree CEO Says

Netflix, Spotify Need to Offer “More and More Services” to Avoid Churn, LionTree CEO Says

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT “It does frustrate classic industries to play defense,” Aryeh Bourkoff said at the Tribeca X conference Friday. WarnerMedia’s merger with Discovery. Amazon’s acquisition of MGM. Sinclair’s finance raise to launch a direct-to-consumer streaming sports push. All these deals are critical pieces of a rapidly changing and consolidating entertainment and media industry. And it just so happens that one boutique investment bank, LionTree, has been an advisor on all those agreements. LionTree founder and CEO Aryeh Bourkoff explained his thinking behind the state of technology, entertainment and media at the Tribeca X conference in New York on Friday. “The consumer has a lot of power,” Bourkoff…
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