The Board of Directors of Netflix has reappointed Ambassador Susan E. Rice as a member of the Board, which she previously served on from 2018 to 2020. “We are excited to welcome back Ambassador Rice to Netflix’s Board of Directors,” said Ted Sarandos and Greg Peters, co-CEOs. “Susan made many valuable contributions when she first […]
Ten years ago this week, Orange is the New Black premiered on Netflix. Along with House of Cards, which came out a few months earlier, it was one of the very first Netflix series. In a blog post, Netflix co-CEO Ted Sarandos said: “It’s easy to hear some of the stories from those early days […]
Netflix shareholders have voted to reject the lucrative pay plans of the company’s top executives, including the co-CEOs Ted Sarandos and Greg Peters. The vote can be overruled by the company’s board of directors the next time it meets. The vote came days after the Writers Guild of America, sent a public letter urging the […]
Reed Hastings has become Executive Chairman of Netflix, with Greg Peters stepping up from COO to become Ted Sarandos’s co-CEO, and a member of the Netflix board. The news came as the streaming giant revealed Q4 2022 numbers that exceeded its forecast. “I want to thank Reed for his visionary leadership, mentorship and friendship over […]
Netflix co-CEO Ted Sarandos has revealed the streaming platform has now passed 10 million subscribers in France. The next most recent update in 2020 claimed 7 million subscribers. “[With] one home representing several accounts, the number of users is even higher,” Sarandos told French newspaper JDD.Addressing the Choose France summit, Sarandos said Netflix, which reports […]
BAFTA has welcomed Ted Sarandos, Co-CEO and Chief Content Officer of Netflix to its headquarters at 195 Piccadilly to meet with past and present participants of BAFTA Breakthrough: a flagship programme, supported by Netflix, that spotlights and nurtures the next generation of creative talent in film, games and television. Sarandos took part in a discussion […]
Would a Netflix ad-supported subscription tier be a hit? The answer appears to be ‘no’, at least according to current subscribers surveyed by Whip Media. Netflix co-CEO Ted Sarandos recently confirmed the streaming giant will be introducing an ad-supported subscription tier, possibly by the end of 2022. The decision made waves, considering Netflix has been […]
Netflix is to downsize an extra 300 staff in the second round of cuts on top of the 150 announced in May as it continues to react to subscriber losses. Most of the positions are in the US, although Netflix stresses that it is still hiring for some jobs. In a statement, Netflix said: “Today, […]
Netflix Co-CEO Ted Sarandos, speaking at the Code Conference in Beverly Hills, acknowledged streaming services had been a ‘black box’ when it came to audience metrics. “We’re trying to be more transparent with the market and talent and everybody” he said. Sarandos proceeded to share two charts (below) revealing the top 10 most watched original […]
Amblin Partners, the global film and television studio helmed by legendary Hollywood director Steven Spielberg, and Netflix have announced a partnership that will cover multiple new feature films per year. Spielberg, commented: “At Amblin, storytelling will forever be at the centre of everything we do, and from the minute Ted [Sarando] and I started discussing […]