Netflix aims to be a trillion-dollar company, says co-CEO

Netflix aims to be a trillion-dollar company, says co-CEO

At Semafor’s 2025 Word Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix’s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.  Sarandos said, “In the previous five years, we’ve doubled our revenue, we grew profits 10 times, and we grew our…

Read More
Kids sure love video game movies

Kids sure love video game movies

“A Minecraft Movie” isn’t just a hit — after three weekends in theaters, the film is estimated to have grossed $344 million domestically and $720 million worldwide. That makes it the biggest movie of an admittedly underwhelming year at the box office (so far), and the second biggest video game movie of all time. Coming…

Read More
Netflix is revamping search with AI to improve discovery

Netflix is revamping search with AI to improve discovery

Netflix is building a new search experience aimed at improving the discovery experience, and it’s going to use AI to do it, the company’s CEO Greg Peters said during its first-quarter results conference call. Peters said Netflix is working on “interactive search that’s based on generative technologies” to help people find different titles. Answering an…

Read More
As Deezer approaches profitability, it rolls out a custom algorithm and other new features

As Deezer approaches profitability, it rolls out a custom algorithm and other new features

Last month, Deezer reported its first positive cash flow in 2024, marking a significant milestone in its history. As the music streaming platform nears profitability, it’s launching new features to differentiate itself in the highly competitive market. On Wednesday, Deezer announced several features aimed at providing listeners with a more personalized experience. These include a…

Read More