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Netflix Co-CEOs Made 230 Times Average Company Employee's Salary In 2022, Despite Stock's Fall
Monday, April 24, 2023 - 2:24pm | 742Two of the biggest names in the streaming sector saw a jump in their salary. Here’s a look at how much Netflix Inc's (NASDAQ: NFLX) top bosses made in 2022. What Happened: Netflix continues to be one of the largest streaming companies in the world, ending the recent first quarter with 232...
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After 25 Years Of Incredible Run, Netflix Breaks Up With DVDs: It's Not You, It's Streaming
Wednesday, April 19, 2023 - 4:21am | 631After a remarkable 25-year journey, Netflix Inc. (NASDAQ:NFLX) announced its decision to wind down the DVD rental service, marking the end of an era for a generation of movie lovers. What Happened: Having paved the way for its trailblazing video streaming service, Netflix is...
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Netflix Co-CEOs Get Candid About Password Sharing Crackdown, 'Love Is Blind' Mishap And More
Wednesday, April 19, 2023 - 12:50am | 597Netflix Inc. (NASDAQ:NFLX) users worried about password sharing crackdowns and angry about the recent debacle of the “Love is Blind” live reunion, we have some answers for you — straight from the horse’s mouth. What Happened: While reporting its ...
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Netflix Q4 Results Screening: Shares Fast Forward On Revenue Beat, Subscriber Jump, Strong Forecast
Thursday, January 19, 2023 - 5:24pm | 586Netflix Inc (NASDAQ: NFLX) reported its fourth-quarter earnings results after the bell Thursday. Here's a rundown of the streaming company's results. What Happened: Netflix said fourth-quarter revenue increased 2% year-over-year to $7.85 billion, which beat average analyst...
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Netflix Will Have 'Multiple Ad Tiers,' Says Co-CEO Ted Sarandos: 'A lot Of People, My Son Included, Are Willing To Watch Ads'
Wednesday, December 7, 2022 - 10:54am | 562Just a few weeks after launching its ad-supported plan, Netflix Inc. (NASDAQ: NFLX) co-CEO Ted Sarandos said that the streaming giant would soon offer different subscription options with advertisements. What Happened: During a keynote session at the UBS Global Technology, Media & Telecom...
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Netflix Co-CEO Doesn't See TikTok, YouTube And Instagram As Competition: 'The Way People Got Excited About Wednesday…'
Wednesday, December 7, 2022 - 9:37am | 432Netflix Inc. (NASDAQ: NFLX) co-CEO Ted Sarandos doesn't see YouTube, TikTok or Reels as competitors but thinks people use the platforms to express their fandoms. What Happened: During the Global TMT conference, Sarandos said that Netflix doesn't see ByteDance-owned TikTok, Google...
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Netflix Co-CEO Hastings: 'Thank God We're Done With Shrinking Quarters'
Tuesday, October 18, 2022 - 8:45pm | 455Netflix Inc (NASDAQ: NFLX) Co-CEO Reed Hastings expressed his relief with the streaming giant snapping its run of receding quarterly numbers on Tuesday. What Happened: "Thank God we're done with shrinking quarters," said Hastings at the company’s third-quarter earnings call...
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Why Netflix Is Launching An Ad-Supported Streaming Plan
Thursday, June 23, 2022 - 10:41am | 544Streaming giant Netflix Inc (NASDAQ: NFLX) has had a change of heart when it comes to ad-supported streaming. CEO Ted Sarandos shared why the company is moving forward with the new plan. What Happened: Netflix told employees in May that an ad-supported plan could be coming for the streaming...
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Formula One Excitement Bodes Well For Shareholders As Rights Deal, Brad Pitt Film Move Forward
Wednesday, June 8, 2022 - 11:35am | 1026Shareholders of Liberty Formula One (NASDAQ: FWONA)(NASDAQ: FWONK) could soon be excited as the global racing league continues to expand and grow its viewership across the U.S. The success will likely increase the amount the league gets in a new media rights deal. What Happened: As Benzinga...
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Will Movie And TV Studios Stop Making Content In States Banning Abortions?
Thursday, May 5, 2022 - 12:57pm | 1301A decision to overturn Roe v. Wade could be coming soon from the U.S. Supreme Court. This ruling could put the banning or keeping abortions legal in the hands of states. A ban on abortions by states could have an impact on filming locations, sporting events and company headquarters. What...
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Here's How Much Netflix CEOs Ted Sarandos, Reed Hastings Will Make In 2022
Wednesday, December 22, 2021 - 6:10pm | 814Streaming giant Netflix Inc (NASDAQ: NFLX) operates with two co-CEOs. A new report from Variety shows how much the CEOs will be paid in 2022 for leading the company. What Happened: Netflix co-CEO Ted Sarandos, who joined the company in 2000, is set to be compensated $40 million in 2022....
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'Squid Game' Mania Takes Over: What It Could Mean For Netflix And This Apparel Stock
Friday, October 8, 2021 - 7:46am | 1217Netflix Inc (NASDAQ: NFLX) has released many hit shows, some original concepts and others it bought from other studios. A show released in late September could be the company’s biggest hit and is becoming a worldwide success story. What Happened: Netflix released “Squid Game...
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Here Are The Top 10 Most Watched Netflix Shows — And No, 'Tiger King' Is Not #1
Tuesday, September 28, 2021 - 6:39pm | 846Streaming giant Netflix Inc (NASDAQ: NFLX) has been secretive about the metrics for its top streamed shows and movies, something that investors typically have for traditional media companies. At Vox Media's Code Conference, Netflix co-CEO Ted Sarandos shared new user metrics for the...
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Steven Spielberg Hooks Up With Netflix Through Amblin Partners
Monday, June 21, 2021 - 2:20pm | 616One of the most well-known film creators of the last 50 years signed a deal with streaming giant Netflix Inc (NASDAQ: NFLX). What Happened: Amblin Partners, the movie studio led by Steven Spielberg, announced a partnership with Netflix for future films. Spielberg said the Netflix deal will help...
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Netflix Chairman Reed Hastings Realized $612M From Stock Options Last Year
Monday, April 26, 2021 - 12:24am | 396Netflix Inc (NASDAQ: NFLX) Chairman and Co-CEO realized about $612.1 million from stock options in 2020, a regulatory filing revealed. What Happened: Hastings exercised his stock options to acquire a total of 1,327,634 shares of the subscription video-on-demand company through the...