Losing customers for the first time in a decade, Netflix is throwing out all of its old rules.
Browsing: Ted Serandos
About three years ago, Reed Hastings set out to answer a question that had bedevilled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world?
Netflix on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
Netflix posted the strongest financial results in company history Tuesday, adding a record 15.8 million paid subscribers — almost double the figure forecast by Wall Street analysts.
Netflix’s Bird Box, You and other new programmes helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50% stock gain in recent weeks.
If you’re an actor or producer in Hollywood, it’s hard to miss the flag Netflix has planted in Tinseltown. Its new 14-storey tower is visible for kilometres in sprawling Los Angeles, topped by the company’s red logo. The smell of popcorn
Netflix has begun to reshape the TV business overseas just as it has in the US, its home market. The streaming-video provider scored a record second quarter, according to a statement Monday, surpassing
Netflix is plotting a move into the toy business. The world’s largest paid video service is looking to hire an executive to oversee the licensing of shows for books, comics and toys, and forge partnerships with retailers
Netflix flexed its original programming muscle at a press event in Paris last week, bringing stars like Ashton Kutcher, Kevin Spacey and Ricky Gervais on stage to talk up its programming for the next few months. The company will spend around US$5bn