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Spain's Telefonica and Atresmedia Form Production Joint Venture to Take on Netflix

Spain's Telefonica and Atresmedia Form Production Joint Venture to Take on Netflix

The 50/50 joint venture could give Netflix a run for its money with Spanish-language product made for the local and international markets. Spanish telecoms giant Telefonica, owner of pay TV platform ... Read more.
Reed Hastings Says Amazon Outbid Netflix for 'Fleabag'

Reed Hastings Says Amazon Outbid Netflix for 'Fleabag'

Speaking at the RTS Cambridge Convention, the Netflix boss also said the explosion in production costs will soon make mega-budget 'The Crown' "look like a bargain". The past few weeks may have seen ... Read more.
Netflix to spend more £400 million on British movies and TV shows this year

Netflix to spend more £400 million on British movies and TV shows this year

Netflix has confirmed that it will be spending £400 million on new British-based TV and movie projects this year. Reed Hastings, the streaming platform's chief executive, told the Royal Television ... Read more.

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Netflix chief says 'The Crown' will look a bargain after streaming explosion

Netflix chief says 'The Crown' will look a bargain after streaming explosion

CAMBRIDGE, England (Reuters) - Netflix Chief Executive Reed Hastings said on Friday the entrance of Apple, Disney and NBC to the global streaming market will push content costs to levels that make its ... Read more.
Netflix Stock Falls After CEO Nods To “Whole New World” Of Streaming Competition

Netflix Stock Falls After CEO Nods To “Whole New World” Of Streaming Competition

Netflix stock retreated 6% in Friday trading after CEO Reed Hastings described a “whole new world” of streaming competition once Disney+ and Apple TV+ launch in the coming weeks. “While we’ve been ... Read more.
Netflix's stock sinks as CEO sees 'tough competition' from Apple, Disney

Netflix's stock sinks as CEO sees 'tough competition' from Apple, Disney

Netflix’s (NFLX) shares tumbled on Friday, as the company’s CEO acknowledged intensifying competition in the streaming media space. In an interview with Variety published on Friday, Netflix’s ... Read more.
Netflix Stocks Hit a 9-Month Low After CEO Cites

Netflix Stocks Hit a 9-Month Low After CEO Cites "Tough Competition" from Disney, Apple

Once again, Netflix's stocks are taking a tumble. After losing $26 billion in value this summer, Netflix shares dropped as much as 7 percent on Friday (September 20), marking a nine-month low for ... Read more.
Netflix will make a 'big increase' in buying UK content: CEO

Netflix will make a 'big increase' in buying UK content: CEO

CAMBRIDGE, England (Reuters) - Netflix will make a “big increase” in its investment in British television production next year, taking advantage of the country’s strong story-telling ... Read more.
Netflix's 'Unbelievable': A gripping new drama about the women who solved a serial rape case

Netflix's 'Unbelievable': A gripping new drama about the women who solved a serial rape case

Note: This story contains plot details from Netflix’s “Unbelievable,” which is based on a true story In the first episode of Netflix’s “Unbelievable,” an 18-year-old Washington woman ... Read more.
$166M 'The Crown' will look like a bargain after streaming explosion: Netflix boss

$166M 'The Crown' will look like a bargain after streaming explosion: Netflix boss

CAMBRIDGE — Netflix chief executive Reed Hastings said on Friday the entrance of Apple, Disney and NBC to the global streaming market will push content costs to levels that make its epic drama about ... Read more.
ETFs in Focus as Netflix Bags Global Rights for Seinfeld

ETFs in Focus as Netflix Bags Global Rights for Seinfeld

In order to meet the increasing competition in video streaming, Netflix NFLX recently added all 180 episodes of the Emmy-Award winning sitcom Seinfeld to its content portfolio for five years ... Read more.
Netflix’s Unbelievable deals with rape in a way television has never done before — and it's powerful

Netflix’s Unbelievable deals with rape in a way television has never done before — and it's powerful

A rape scene on television tends to go one of two ways. If it’s airing on premium cable — Euphoria or Game of Thrones, for example — it tends to be extremely graphic. If it’s on basic ... Read more.

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