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by Glenn CHAPMAN Agence France Presse San Francisco, United States (AFP) — Netflix shares rallied Wednesday after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war. Netflix reported a net income of $665 million in the recently ended quarter, jumping up from $403 million in the same period last year and topping most analyst forecasts. Revenue and subscriber growth, however, came in just […]
by Andrew MARSZAL LOS ANGELES, United States (AFP) — “Game of Thrones” and Netflix are tipped by TV industry watchers to dominate Tuesday’s Emmy nominations as Hollywood gears up for awards season. The Television Academy’s 24,000 members sifted through a record number of entries for this year’s Emmys, the small-screen equivalent of the Oscars. After nominations are announced final-round voting will begin to pick winners who will be revealed at a glitzy Los Angeles show […]
LOS ANGELES, United States (AFP) — Retro sci-fi series “Stranger Things” has broken Netflix viewing records with the global launch of its third season, the streaming giant said in a rare tweet publishing viewing data. The nostalgic 1980s show about a gang of suburban adolescents battling supernatural monsters had been watched by 40.7 million accounts since Thursday, it said. That figure for season three was “more than any other film or series in its first […]
https://youtu.be/6W2UQUd5WhE by Aidan JONES Agence France Presse BANGKOK, Thailand (AFP) – Netflix agreed Tuesday to team up with the makers of “Crazy Rich Asians” for a production based on the gripping real-life rescue of the “Wild Boars” football team from a flooded Thai cave. But the streaming giant would not immediately be drawn on whether it would give the saga its high-end mini-series treatment or be made into a film. The 12 boys and their […]
SAN FRANCISCO, United States (AFP) — Netflix chief Reed Hastings will depart Facebook’s board of directors at the end of next month, according to a Friday filing with US regulators by the leading social network. Neither Hastings nor businessman and political figure Erskine Bowles, who have been on the board since 2011, will be nominated for re-election at an annual shareholders meeting on May 30, Facebook said in a filing with the US Securities and […]
LOS ANGELES, United States (AFP) — The nominations for the 91st Oscars were announced Tuesday, with “Roma” and “The Favourite” leading the pack. But the statistical quirks that the annual event throws up can be as intriguing as tracking which movies get the most nods. Here are some fun facts and figures from this year’s list of nominees: Netflix’s big step forward Streaming giant Netflix took a major step forward in its quest to be […]
by Glenn CHAPMAN Agence France Presse SAN FRANCISCO, United States (AFP) — Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up. Shares sank nearly four percent to $339.70 in after-market trades that followed release of earnings figures that showed the Silicon Valley company logged profit of $134 million on revenue of $4.2 billion in the final three months of last […]
SAN FRANCISCO, United States (AFP) — Netflix reported Tuesday a strong jump in profits and better-than-expected growth in users in the past quarter, sparking a rally in shares of the streaming television market leader. Netflix said it gained almost seven million new users worldwide, to bring its total membership to more than 137 million. Profit in the quarter more than tripled from a year ago to $403 million while revenues grew 34 percent to $4 […]
NEW YORK, United States (AFP) — A Netflix series producer has filed court documents in New York alleging disgraced Hollywood mogul Harvey Weinstein raped, sexually assaulted and verbally abused her over a five-year period. Alexandra Canosa, an associate producer of “Marco Polo”, had initially filed a $10 million suit in December, and this week amended it to further detail her allegations against the 66-year-old father of five. She said Weinstein “constantly threatened” her and […]
MANILA, Philippines (AFP) — The drug war waged by President Rodrigo Duterte is to be dramatized in the first Netflix series by award-winning director Brillante Mendoza, who says the crackdown is “necessary.” “Amo,” which premieres April 9, is about a high school student who starts selling crystal meth and ends up tangled in a nightmarish world populated by violent kingpins and corrupt officials. It is the latest up-close examination of Philippine life from Cannes-honored Mendoza, […]
by Deborah Cole Agence France-Presse BERLIN, Germany (AFP) — Steven Soderbergh premiered his new thriller shot on an iPhone at the Berlin film festival Wednesday, showing what little gadgets can do to push the limits of style on the big screen. The American director, who had only a few years ago declared his retirement from filmmaking, told reporters that “Unsane,” his first time using a smartphone for a full feature, had been invigorating. “This is […]
SAN FRANCISCO, United States (AFP) — Netflix shares raced higher in after-hours trade Monday as the streaming television giant reported better-than-expected gains in its global subscriber base and a quarterly profit that nearly tripled from a year ago. In its fourth quarter report, Netflix said it added 8.3 million new subscribers to bring its total paid membership base to 110.6 million. Net profit in the quarter surged to $186 million from $67 million a year earlier as […]
