Netflix

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Netflix faces engagement questions ahead of Q3 results

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Netflix will report its third-quarter results on Tuesday, October 20, as investors look for signs that viewers are spending less time on the service. Analysts expect revenue to rise 11.8% to $12.87bn, up from about $11.5bn a year earlier, according to LSEG data cited by Reuters. That would be Netflix’s slowest third-quarter growth in three years. […]

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Netflix names ex-Disney TV boss Peter Rice content chief as Bajaria leaves

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Netflix has named Peter Rice, the former chairman of Walt Disney Television, as its chief content officer. The company announced the move on Thursday. Rice will run its global content organisation, from scripted and unscripted series to film and live events. Bela Bajaria, who has held the role since January 2023, is leaving after nearly […]

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Netflix is laying off around 1,000 employees

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Following a report last week that Netflix was planning to lay off five percent of the company, today the streamer’s co-CEOs Ted Sarandos and Greg Peters announced in an email that it would actually be laying off six percent of its workforce, or around 1,000 employees, according to Variety, which obtained a copy of the […]

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Netflix prepares layoffs affecting about 5% of staff ahead of Q3 results

Digital Marketing, Netflix, SEO Tips, Technology /

Netflix is preparing to cut about 5% of its workforce, with an announcement possible as early as next week, Puck reported on Friday, citing people familiar with the plans. Netflix had about 16,000 full-time employees at the end of last year, so a cut of that size would affect roughly 800 people. The report comes three […]

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Netflix expands TV game lineup with Conjuring spinoff

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Netflix just announced The Conjuring: Unspoken, a new horror game set in The Conjuring universe that you can play with your phone as a controller, and it will launch exclusively on the service on October 13th. Here’s Netflix’s description of the game: The Conjuring: Unspoken is an interactive paranormal investigation you can play from your […]

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Netflix is pivoting away from prestige

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Many of Netflix’s biggest critically acclaimed hits have been the products of its multiyear production deals with noted directors like David Fincher and Shawn Levy. In the past few weeks, though, the streamer has brought some of those partnerships to an end in a way that feels indicative of a larger strategic shift. With rival […]

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Netflix is making a Crazy Taxi movie and a Sonic show with ‘edge’

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Netflix has announced three new adaptations of Sega games: a Crazy Taxi film, a Sonic animated series “built for kids who want to feel a little edge,” and a live-action movie based on the upcoming Stranger Than Heaven from Yakuza developer RGG Studio. The Crazy Taxi movie will be the first project released, though it […]

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