Netflix co-CEO Ted Sarandos said the giant streamer’s long-term ambition is to become a trillion-dollar company and that it’s achievable, if it executes well, given the growth opportunities in the global television market. “Just […]
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Netflix shares rose Monday, the rare media stock that traded higher as markets swoon amid Donald Trump’s tariffs and the president’s ratcheted-up vitriol against Jerome Powell, the Fed chief who warned last week that the […]
Netflix co-CEOs Ted Sarandos and Greg Peters saw total compensation of, respectively, to about $61.9 million and $60.3 million in 2024, up sharply from the year before. In 2023, Sarandos had a package worth $49.8 […]
Netflix co-CEO Ted Sarandos said he met President Trump for the first time at “a nice long dinner together” at Mar-a-Lago late last year. “It was interesting,” he said. In a Q&A at a Paley […]
Sirius XM has named Anjali Sud, chief executive of Fox’s fast-growing free ad-supported streaming platform Tubi since 2023, as a new independent director. Prior to joining Tubi, Sud served as CEO of global online video […]
Courtenay Valenti, head of film, streaming and theatrical at Amazon MGM Studios, said it will likely release12-14 films in theaters next year as it ramps up its commitment to the big screen both “financially and […]
Netflix CEO Spence Neumann described a top-down and bottom-up process for determining content spend, which is expected to come in at about $18 billion in 2025 and, he said, is “not anywhere near a ceiling.” […]
Lachlan Murdoch said Fox is targeting a fall football season launch for its new streaming platform run by Pete Distad with modest initial subscriber projections in the “mid-single digit millions.” He announced last month the […]
Fox has tapped Peter Distad as CEO of its recently announced direct-to-consumer streaming platform. Distad, who served as an executive at Apple for a decade following six years at Hulu, transitions to Fox from his […]
Warner Bros. Discovery linear networks continued to lose ground amid ongoing challenges, weighing on the fourth quarter. Revenue eased 1% to $10 billion, shy of Wall Street forecasts. Net Some $1.9 billion charges including restructuring […]
Paramount Global confirmed today, that despite all the noise, it still expects the merger with Skydance to close in the first of the year as the company reported mixed quarterly numbers with misses on the […]