Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $72-billion, excluding debt.
Browsing: Ted Sarandos
Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, sources said.
Netflix has used generative AI to produce visual effects that appeared for the first time on screen in one of its original series.
Netflix has unexpectedly announced that it will stop reporting subscriber numbers each quarter.
Netflix said on Tuesday it plans to invest US$2.5-billion in South Korea over the next four years to produce Korean TV series, movies and unscripted shows.
Netflix beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast.
Netflix is looking to tweak its programming deals with Hollywood studios to enable its launch of an ad-supported version of its service, a report said.
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20%.
That growing apprehension marks a stark turnaround for a company that has seemed invincible for years.
On a conference call last October, Netflix chief content officer Ted Sarandos described the hip-hop drama The Get Down as a success, like the booming streaming service’s other popular shows. Eight months and 11