The streaming gian’ts growth in the first quarter was due mostly to its expasion into foreign markets.
After turning the television industry on its head, Netflix wants to shake up Hollywood. In its first original movie, Netflix said this week it would finance the Weinstein Co.’s sequel to the 2000 film Crouching Tiger, Hidden Dragon, coming next summer to its streaming service and certain Imax screens. Two days later it announced Adam Sandler would star in and produce four feature films for the service.