Netflix | Common News Update

Apr92021 by adminNo Comments

Netflix and Sony ink multi-year, licensing deal

Business

April 9 (UPI) -- Netflix and Sony Pictures Entertainment have signed a multi-year, licensing deal in the United States for theatrically released feature films, beginning with the studio's 2022 slate. "Sony Pictures is a great partner and we are thrilled to expand our relationship through this forward-thinking agreement," Scott Stuber, head of global films at Netflix, said in a statement Thursday. "This not only allows us to bring their impressive slate of beloved film franchises and new IP to Netflix in the U.S., but it also establishes a new source of first-run films for Netflix movie lovers worldwide." Advertisement The pact means Netflix will be the first to stream SPE titles such as Morbius, Uncharted, Where the Crawdads Sing and Bullet Train after their theatrical and home entertainm...

Mar132021 by adminNo Comments

Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & more

Finance

The signage is seen at Alibaba Group headquarters during the company's 11.11 Singles' Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020.Aly Song | ReutersHere are the stocks making headlines in midday trading.Ulta Beauty — Shares of the cosmetics company fell more than 6% after reporting full-year same-store sales and revenue guidance below Wall Street estimates. The company said it sees same-store sales between 15% and 17% for the year, while analysts expected 20.3%, according to Refinitiv.Vail Resorts — The ski resort stock rose nearly 3.8% after Vail's earnings for its fiscal second quarter beat expectations. The company earned $ 3.62 per share versus the $ 2.31 expected by analysts, according to FactSet. The company also said that it saw results co...

Feb92021 by adminNo Comments

Michelle Obama to star in Netflix children’s show Waffles + Mochi

Entertainment

NetflixMichelle Obama is to star alongside puppets in a Netflix show that aims to teach children the joys of home cooking over eating ready meals.Mrs Obama will play a supermarket owner opposite Waffles and Mochi, who are from The Land of Frozen Food.The former US first lady described the series, which is titled Waffles + Mochi and drops next month, as a "hilarious, heartwarming, and simply magical show". She and husband Barack are among the executive producers.The couple signed a deal to produce series and films for Netflix in 2018. The resulting works have included Becoming, the 2020 documentary based on her best-selling autobiography.Michelle Obama says she has 'low-grade depression'How Obama and Clinton films can 'inspire' womenViola Davis to play Michelle Obama in TV dramaIn Waffles +...

Jan112021 by adminNo Comments

Netflix apologises for Sabrina ‘Bloody Sunday’ tweet

Entertainment

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Jul162020 by adminNo Comments

Netflix warns of slowing growth after lockdown-driven surge

Business

Netflix has warned that its lockdown-driven surge in subscribers is starting to peter out - even as it reported another quarter of bumper growth.The streaming service added 10.1 million customers in the second quarter - beating expectations and meaning it has added 26 million so far this year, compared with 28 million for the whole of 2019. However, it forecast that growth in subscribers would slow markedly to 2.5 million in the current July-September period, disappointing investors and sending shares 10% lower in after-hours trading. Image: Netflix shows include Tiger King. Pic: Netflix In a letter to shareholders, Netflix said: "As we expected, growth is slowing as consumers get through the initial shock of COVID and social restrict...