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variety.com
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Netflix Raising Prices in U.S. Again, Including First Hike on Ad-Supported Tier
Netflix is increasing subscription prices in the U.S. and other markets — including the first hike on its ad-supported plan. The streamer revealed the price increases along with its Q4 2024 earnings results Tuesday, when it announced its biggest-ever quarterly increase in subscribers with a gain of 18.9 million for the period.
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variety.com
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Netflix’s Origin Story: How the Streamer Killed Blockbuster Video, Snagged ‘House of Cards’ From HBO and Changed Hollywood Forever
Netflix launched as a DVD rental service in 1998, that was its most effective pitch to potential customers — an unmistakable reference to the thing that people hated the most about Blockbuster. With more than 9,000 locations, Blockbuster was the biggest video rental chain in the world, but it was alienating members because its profits came from charging hefty fines for movies that weren’t returned on time. “It was an obvious sore spot,” Reed Hastings, Netflix’s co-founder, says.
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deadline.com
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Netflix’ Ted Sarandos Says Disney CEO Job “Not Even On My Mind”
Netflix co-CEO Ted Sarandos said the top job at Disney is not something he’s thinking about at all as the Mouse House seeks a successor to Bob Iger.
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deadline.com
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Netflix Shutters AAA Video Game Studio
Despite continued optimism among top management about the potential of video games, Netflix is shuttering its AAA game studio in Southern California.
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deadline.com
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Netflix Price Hikes: Top Execs Offer U.S. Outlook During Q3 Earnings Call
After delivering a solid third-quarter earnings report, Netflix execs fielded the question top of mind for most investors (though definitely not for inflation-wracked subscribers): When will they raise prices in the U.S.?
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deadline.com
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NFL Christmas Day Games Will Be “Netflix-ified”, Streamer’s Co-CEO Greg Peters Teases; Company Would “Love To” Have Major Sports Rights If Math Works
Netflix plans to add signature flourishes to its live broadcasts of two Christmas Day NFL games, but remains circumspect about paying billions for major sports rights.
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variety.com
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Netflix Boss Ted Sarandos Says the Streamer Can’t Have Too Much Content: ‘People Have Such Eclectic Taste … You Have to Love It All’
K.J. Yossman Netflix boss Ted Sarandos has said despite the complaint the streamer is overstuffed with options, it can’t have too much content. “People often ask me if we need so many movies and TV shows on Netflix,” he said.
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deadline.com
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‘Baby Reindeer’ $170M Defamation Case Against Netflix Gets 2025 Trial Date
The $170 million defamation lawsuit against Netflix over Baby Reindeer is heading to trial next year.
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deadline.com
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‘Baby Reindeer’ Creator Richard Gadd Backs Netflix’s Effort To Get $170M Suit By Self-Declared Real-Life Martha Dismissed
Baby Reindeer creator and star Richard Gadd isn’t named as a defendant in Fiona Harvey’s $170 million defamation suit against Netflix over the hit black comedy, but he sure as Hell is backing the streamer in getting the action tossed out.
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variety.com
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Reed Hastings Gives Netflix Shares Worth $500 Million as a Gift to Silicon Valley Community Foundation
Todd Spangler NY Digital Editor Reed Hastings has given away 790,000 shares of Netflix — worth nearly $500 million — as a gift, according to a regulatory filing. According to a source familiar with the stock transaction, the streaming mogul gifted the shares to the Silicon Valley Community Foundation, the organization to which he had given 2 million Netflix shares in January. All told, the stock he’s granted to the charity is worth about $1.76 billion today.
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variety.com
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Netflix Co-Founder Reed Hastings Donates $7 Million Toward Kamala Harris’ Presidential Campaign
Todd Spangler NY Digital Editor Reed Hastings, executive chairman of Netflix, donated $7 million to a super PAC supporting VP Kamala Harris‘ presidential election campaign — the largest single campaign contribution the streaming mogul has ever made, Variety has confirmed. “After the depressing debate, we are in the game again,” Hastings told tech-business publication The Information, which first reported the news of his donation. A rep for Netflix declined to comment.
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variety.com
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YouTube Q2 Ad Revenue Hits $8.66 Billion, up 13%, Short of Wall Street Expectations
Todd Spangler NY Digital Editor Ad spending on YouTube continued at grow at a double-digit clip in the second quarter of 2024, with the Alphabet-owned video platform generating advertising revenue of $8.66 billion in the period, up 13% year over year. However, YouTube’s ad revenue for Q2 fell short of analyst estimates of $8.93 billion for the quarter, per FactSet’s StreetAccount. In Q1, its ad sales had popped 21%, to $8.1 billion.
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variety.com
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Netflix Taps Epic Games’ Alain Tascan as President of Games (EXCLUSIVE)
Jennifer Maas TV Business Writer Epic Games‘ Alain Tascan is taking on the top job at Netflix‘s growing games division. Most recently, Tascan served as executive vice president of game development at Epic Games where he oversaw all first party game development for “Fortnite,” “Lego Fortnite,” “Rocket League” and “Fall Guys.” In his new role, Tascan will report directly to Netflix co-CEO Greg Peters.
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deadline.com
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Could A Price Hike Be Coming To Netflix Ad Tier? Co-CEO Greg Peters Doesn’t Rule It Out, But Says Execs “Love” Being “Lower”
Netflix‘s 18-month-old advertising subscription tier could well see its price ($7 a month in the U.S.) rise in the not-too-distant future, but Co-CEO Greg Peters says execs “love” the strategic advantages of the current level.
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deadline.com
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Netflix Acknowledges Mighty YouTube Rival But Says Services “Feed Each Other” And Only One Takes Big Creative Bets
Netflix today all but scoffed at the possibility of joining a streaming bundle and poked smaller rivals for investing heavily in content that generates “relatively small viewing.” But when YouTube came up on a post-earnings video call, there was plenty of respect.
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deadline.com
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Netflix Making Hay With Games Based On Its IP, Will Release One A Month Starting In July
Netflix is three years into its games initiative and said it will release about a game a month starting in July – so now – in its Netflix Stories series based on the giant streamer’s IP.
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deadline.com
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Warner Bros. Discovery UK Boss Says Streaming Has Moved On From “Subscriber Growth At Any Cost” But “Churn” Remains A Problem
Warner Bros. Discovery‘s (WBD) boss in the UK has said the streaming industry has moved “smartly” away from a “subscriber growth almost at any cost” approach.
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deadline.com
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Netflix Co-CEO Says Tom Brady Roast “Drove Huge Viewing & Even Bigger Conversation”
The Netflix Tom Brady roast caused quite the splash and the streamer’s Co-CEO Greg Peters was delighted.
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variety.com
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Netflix Boss Greg Peters Pays Tribute to U.K. Slate, Citing Hits ‘Baby Reindeer’ and ‘Beckham’
K.J. Yossman Greg Peters, co-CEO of Netflix, paid tribute to the streamer’s U.K.
David Beckham Ted Sarandos Gillian Anderson Greg Peters International London Netflix Beyond show wellness CEO Platform
deadline.com
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Netflix Co-CEO Greg Peters Says Password-Sharing Crackdown Has Not Hurt Viewership, Citing Internal Data That “Cuts Through The Noise” About The Policy Shift
Netflix Co-CEO Greg Peters says internal viewership data from before and after the implementation of paid password sharing shows the new policy has not turned off viewers, as some had initially predicted it would.
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deadline.com
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Netflix Co-CEO Ted Sarandos Sees 2023 Pay Package Push $50 Million
Netflix co-CEO Ted Sarandos saw a 2023 compensation package valued at $49.8 million, down a hair from the year before but with one big change — he took more in stock option awards than in cash as the streamer shifts its pay policies.
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Information About Greg Peters

Who is Greg Peters?

Greg Peters is a public figure featured in various analyses due to their involvement in current events.

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Greg Peters often attracts media attention through controversial moves, which spark discussions.

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