Netflix
Netflix delivered a big earnings beat for the first quarter on Thursday, and its report looked a little bit different this time.Gone were any specific numbers on quarterly subscription numbers, a change the streaming giant had previously announced.The company’s revenue was $10.54 billion, slightly beating analyst expectations. Analysts surveyed by…
Netflix is set to report its first-quarter earnings on Thursday, but there’s a big twist. It will no longer break out subscription figures, which had been a central barometer that many on Wall Street used to gauge the health of its business.Why the change? Netflix has said it wants to…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. “The Last of Us” and “Hacks” are among the shows that are back for new seasons this week. Jon Hamm stars in the new Apple TV+ dramedy “Your Friends…
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. “Pulse” and “The Bondsman” are among the new shows premiering on streamers this week. The slow-burn third season of “The White Lotus” ends this weekend. “One of Them Days,”…
Ted Sarandos, the co-CEO of Netflix, said “Max” should have been called “HBO.”In an interview with Variety, he said the brand asked consumers to focus on the wrong thing.He added that he doesn’t see Amazon Prime as competition, and he doesn’t “understand” Apple TV.Ted Sarandos, co-CEO of Netflix, once saw…
Carl Erik Rinsch was charged with scamming Netflix out of $11 million for a TV show.He made cryptocurrency investments and used the profits to buy luxury items, prosecutors said.Rinsch faces up to 90 years in prison on federal charges of wire fraud and money laundering.Hollywood director-writer Carl Erik Rinsch has…
Debate has swirled in tech recently around cutting “low performers.”A former Netflix HR director says proactive firings can improve morale among high achievers.He also explained Netflix’s culture of feedback and transparency.From Meta to Microsoft, tech companies have recently been taking an ax to “low performers” — and their actions have…
Amazon’s video ads VP laid out his plan to grow TV ad share, including a new ad buying and planning tool.He said Amazon is prioritizing ad performance over “public bragging rights.”Amazon faces stronger competition for streaming ads as rivals grow live sports and TV viewership.Amazon led the way in bringing…
Netflix cemented its streaming crown in 2024 and grew its workforce.We analyzed US work-visa data from late 2022 to 2024 to see how much Netflix pays employees.The streamer has offered base salaries between $80,000 and $1 million a year for certain roles, data shows.Netflix won the streaming wars in 2024,…
Netflix’s Jake Paul vs. Mike Tyson fight and NFL games drove surges in daily signups, data shows.These 2024 events were among Netflix’s early entries into live sports.The new subscription data shows the live sports strategy is paying off for the streaming giant.Live sports are paying off for Netflix, new subscription…
