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12.01.2023 / 16:05

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Netflix’s Reed Hastings Gives $20M To Minerva University, An Emerging School With A Distinctly Global Approach To Higher Education

Netflix co-founder Reed Hastings has given $20 million to Minerva University, a school focused on educating what it describes as “new generations of wise leaders and purpose-driven entrepreneurs” from dozens of countries.

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Disney Enters Streaming Advertising Arena, Leaving Apple TV+ As Only Commercial-Free Streaming Player

Disney + Basic, a cheaper version of the 3-year-old streaming service, has officially gone live.

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Netflix Co-CEO Ted Sarandos On Advertising Rollout, Password Sharing, And Why The Company Is Punting On Sports Rights: “We’re Not Anti-Sports, We’re Just Pro-Profit”

Netflix Co-CEO Ted Sarandos affirmed recent comments from the company that they are not — despite strong indications from insiders as recently as last month — intending to bid on sports rights.

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Ben Affleck take swipe at Netflix's 'assembly line process' of production

Ben Affleck took a swipe at Netflix's 'assembly line process' of production as he spoke about the launch of his new movie studio with Matt Damon this week.The Oscar-winner, 50 - who is married to Jennifer Lopez, 53 - spoke of his desire to focus on smaller dramas rather than huge action films, as he questioned Netflix's focus on 'quantity' over quality.Speaking at the New York Times' Dealbook Summit, the actor, who has launched Artists Equity with Damon and RedBird Capital Partners, said: 'If you ask [Netflix co-CEO and chairman] Reed Hastings…he’d say, "Hey, we went for quantity to establish a footprint." 'I’m sure there’s wisdom in that and I’m sure they had a great strategy, but I would have said, "How are we going to make 50 great movies? How is that possible?" There’s no committee big enough. There aren’t enough — you just can’t do it.' Comment: Ben Affleck took a swipe at Netflix's 'assembly line process' of production as he spoke about the launch of his new movie studio with Matt Damon this week (March 2022)'It’s a thing that requires attention and dedication and work and resists the assembly line process. '[Netflix’s head of original films] Scott Stuber is a really talented, smart guy who I really like…but it’s an impossible job.' He continued: 'There’s bigger audience for action movies than there is for small dramas.

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Ben Affleck Calls Netflix An “Assembly Line”, Says His And Matt Damon’s New Production Company To Blend “Quality” & “Commercial” Fare

Ben Affleck says his newly minted studio Artists Equity, in partnership with Matt Damon, is going for films that are commercial but smart, that acknowledge popular tastes, but that “people remember 20 years later.”

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Netflix Not “Trying To Build A Theatrical Business”, Says Reed Hastings; Sanguine Co-CEO Agrees ‘Glass Onion’ Release Left A Lot Of Money On The Table

Here’s another bucket of cold water for the budding romance between Netflix and exhibitors.

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Elon Musk Praised As “The Bravest, Most Creative Person On The Planet” By Netflix Co-Chief Reed Hastings: “He Is Trying To Help The World”

Elon Musk’s back may be against the wall as Twitter’s new owner, but he has plenty of friends in high places, especially in the tech sector.

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John Malone Goes ‘House Of The Dragon’ On Streaming – “There Is A Lot Of Blood Flowing”

Liberty Media chairman John Malone slammed AT&T, praised Reed Hastings and affirmed his faith in the Warner Bros. Discovery team led by David Zaslav amid the drama and red ink of today’s streaming wars.

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New TF1 Boss Rodolphe Belmer Steps Down From Netflix Board

Rodolphe Belmer, the former Canal+ CEO on the verge of heading up French network TF1, has stepped down from the Netflix Board.

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Behind Netflix and Disney+’s Dash for Streaming Ad Cash

Todd Spangler NY Digital Editor Just over three years ago, Netflix unequivocally shot down the idea that it would ever roll out an ad-supported streaming service. “When you read speculation that we are moving into selling advertising, be confident that this is false,” the streamer said in its second-quarter 2019 investor letter. “We believe we will have a more valuable business in the long term by staying out of competing for ad revenue and instead entirely focusing on competing for viewer satisfaction.” Clearly, Netflix’s thinking about advertising has changed. Both Netflix and Disney+ are launching ad-based tiers this fall, seeking to broaden their addressable markets and tap into a new revenue stream as subscriber growth has slowed — in Netflix’s case, it lost 1.2 million in the first half of 2022, compared with a net gain of 5.5 million in the prior-year period.

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Netflix Pushes Sports Content As It Reminds Viewers Of Its Athletic Prowess With NBA Opener Teaser

Netflix may not be in the live sports business but it certainly wants viewers to know that it’s got some content around the edges.

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Netflix’s Ad-Backed Tier Will Be Missing Some Series And Films At Launch, But COO Greg Peters Calls It “A Very Small Minority Of Viewing”

Netflix’s ad-supported tier will be missing certain series and movie titles at launch, the company conceded today in announcing details about the rollout.

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Netflix Signs Up To UK TV Ratings Agency BARB

More than three years after Reed Hastings said Netflix wants to be on BARB, the UK ratings agency has its wish.

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Netflix could put an end to binging as streaming service considers axing popular feature

We may see a huge change in the way Netflix releases its shows, as it could axe one of it's most iconic features.

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Netflix Calls Report Of November Ad Tier Debut And Hefty Rate Demands “Speculation”

Netflix has batted down a report about aggressive moves in its rollout of a cheaper ad-supported tier as “speculation.”

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Netflix Turns 25, Cues Up Nostalgia Reel For Its Red-Envelope Days

After a decade-plus of having the streaming field virtually to itself, Netflix now faces historic levels of competition. Disney and other media and tech rivals have narrowed the gap, making for a rocky 2022 marked by subscriber and stock price declines.

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Facts About Reed Hastings

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Reed Hastings: Last News

All news where Reed Hastings is mentioned

Facts About Reed Hastings

Who is Reed Hastings?

Why is Reed Hastings in the spotlight?

Where can I find the latest news about Reed Hastings?

Is there a full biography of Reed Hastings available?

What are the most talked-about moments involving Reed Hastings?