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25.07.2024 / 20:04

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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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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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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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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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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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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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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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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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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.

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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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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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Facts About Greg Peters

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Facts About Greg Peters

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Where can I find the latest news about Greg Peters?

Is there a full biography of Greg Peters available?

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