After eight and a half years as SVP drama series at HBO, Nora Skinner is going to Netflix where she will be VP in the streamer’s drama series team. Based at Netflix’s Los Angeles headquarters, Skinner, a former film producer and executive, will start at the end of May, reporting to Jinny Howe, Netflix’s VP of drama series.
The July bout between Tyson, the former world champion, and Paul, the influencer turned boxer, is part of Netflix’s push into “sports-adjacent” live events.
Netflix faced a formidable challenge to its streaming dominance during the streaming wars. But the company has bounced back in a big way with its stock up nearly 90% in the last year.
The event and publishing executive says she’s next looking for “a new opportunity with a global scope.”
In the span of a decade, Netflix has helped decimate linear TV, not only gobbling up series that once would have anchored a network lineup but also taking discarded network series — from You to Manifest— and making them hits. That’s left traditional TV clinging to live sports like a life raft: 98 of last year’s top-100 broadcasts were sports (overwhelmingly, NFL). Now Netflix appears to be coming for them, too.
The Law & Order and FBI megaproducer is behind a pair of series, Homicide: New York and Homicide: Los Angeles, at the streamer.
The travel brand will start up a worldwide campaign on Netflix’s ad-supported plan for the entire 2024 year — a multi-country advertising effort to reach more than 23 million global monthly active users.
Activist investor Nelson Peltz believes Walt Disney can achieve profitability in streaming by bundling its ESPN+ online service with a larger player interested in sports, such as Netflix.
Netflix founder and executive chair Reed Hastings has gifted 2 million shares, worth over $1.1 billion at the stock’s current price, to the Mountain View, Calif.-based Silicon Valley Community Foundation. The move was noted in a recent SEC filing without the beneficiary named. The donation was a big chunk of Hastings’ Netflix stock — about 40%. He still owns 2,991,541 shares, the filing said. The stock closed Monday at $575.08.
While the streamer is pulling far ahead of rivals, it is extending an olive branch as a buyer of shows and as a possible bundle partner.
In her third promotion in a little over three years, Netflix‘s Head of Drama Jinny Howe is further expanding her oversight to all of the streamer’s drama areas, adding Spectacle + Event, current series and shows coming out of Netflix’s roster of overall deals to her purview.
The co-CEO makes a distinction between the “sports entertainment” of pro wrestling and other competitions.
Netflix’s Gains 13M New Global 4Q Subs As It Unwraps Best-Ever Holiday Season Results
The fourth quarter results announced Tuesday provided further evidence that Netflix was able to come up with a formula that produced a spike in subscribers even as it became more expensive to watch its lineup of TV shows and movies.
In a major shakeup, WWE has struck a deal with Netflix that will see its flagship weekly live pro wrestling show begin airing exclusively on the streaming giant beginning in January 2025. That will mark the first time in its three-decade history that Raw has not aired new episodes on a linear television network. The deal is valued at $500 million per year for 10 years. Netflix has the option to opt out after the initial five years and to extend for an additional 10 years.
Netflix has greenlit another two adaptations of Harlan Coben novels after Fool Me Once became a global hit for the streaming service. Netflix will bring Missing You and Run Away to the screen as limited series over the coming years, with the former going into production this spring.
Ten years after The Square, an acquisition that put Netflix documentaries on the map, the streamer is back at the 40th Sundance Film Festival with an eye towards acquisitions and two very different originals. Yance Ford’s latest, Power, an inquiry into the evolution of policing in America that had its world premiere Thursday night in Park City, Utah. Bao Nguyen’s The Greatest Night in Pop, about the making of the charity anthem We Are The World, debuts Friday before streaming on Jan. 29.
The future of streaming video will turn on whether the FCC bans broadband providers from tampering with online traffic, Netflix argued to the agency this week.
Kevin Hart’s Lift delivered a strong debut with 32.8 million views following its Jan. 12 premiere, making it the most-viewed title this week on the Netflix Top 10 chart and soaring to No. 1 on the English Films List. Falling just beneath that is J.A. Bayona’s survival story Society of the Snow, which landed another 28.1 million views and joins Netflix’s Most Popular Non-English Films List after just 11 days of viewing. The film currently ranks No. 1 on the Non-English Films list.
Pete Hammond of Deadline on Fox’s broadcast of the awards show, its celebration of TV after the strike-induced delay, as well as his “severe case of déjà vu”: “It is as if in this vast TV universe of networks, streamers, cable, You Tube and more content that a human being could ever consume, the people who vote for awards have only seen three shows.”
HBO’s Succession and FX’s The Bear led all shows with six wins each, including Outstanding Drama and Comedy Series, respectively. Netflix’s Beef took five trophies including Outstanding Limited or Anthology Series. HBO’s now-wrapped Succession also was an Emmys force, with six big wins including its third for Outstanding Drama Series. Kieran Culkin and Sarah Snook won Best Actor and Actress in a Drama, and Matthew Macfadyen went back-to-back in the Supporting Actor in a Drama category. It also won for Directing and Writing for a Drama Series.
The descriptive tags that the streaming service runs near each title — like “slick” for the show “Suits” — have proved crucial to getting people to click play.
Netflix is seeing strong growth of its advertising-based plan, having recently eclipsed 23 million global monthly active users, president of advertising Amy Reinhard said Wednesday. “The thing we’re really excited about is the engagement,” she said. Of Netflix’s customers on ad-supported plans, 85% are streaming on the platform for more than two hours per day, she said.
30 Rock creator and star Tina Fey is returning to the small screen with The Four Seasons, based on the 1981 feature film, which she co-created with fellow 30 Rock alums Lang Fisher and Tracey Wigfield. The high-profile comedy project, which marks Fey’s first TV starring role since 30 Rock, was taken out to the marketplace just before the holidays. In a very competitive situation with multiple bidders, it landed at Netflix with an eight-episode series order.
The suit alleged that the streamer was overly optimistic about its business prospects despite it being aware of the impact account-sharing would have on growth.
Netflix has said it plans to be in gaming for years to come. Now the company is trying to figure out how to make money from it, a potential shift in strategy for the streamer. Some of the ideas that have been discussed include in-app purchases, charging for more sophisticated games it is developing or giving subscribers to its newer ad-supported tier access to games with ads in them, according to people familiar with the discussions. Pictured: Netflix’s most popular original game is tied to its Too Hot to Handle reality show.
The parade of CEO pay disclosures in regulatory filings in 2023 will be remembered for bad timing, ugly optics and symbolic shareholder votes.
Highlights include the plight of stand-up, the enduring appeal of Gilmore Girls and the meteoric rise of South Korean TV.
Warrior won’t be returning for a fourth season on Max. However, the existing three seasons of the martial arts crime drama are set to find additional audiences as Netflix has picked up the series’ library in a co-exclusive deal with Max in Warner Bros. Discovery streamer’s markets.
The potential offshoot of the streamer’s megahit — produced by Amazon MGM Studios — would focus on Fred Armisen’s character.
The streamer had joined a group of big brands to suspend ads on the platform after the billionaire agreed with an antisemitic post.