#As Local Spending Mandate Looms, Netflix’s Ted Sarandos Hosts Star-Studded Toronto Bash

#As Local Spending Mandate Looms, Netflix’s Ted Sarandos Hosts Star-Studded Toronto Bash

The parade of stars and VIPs partying on April 4 at Netflix’s Canadian headquarters launch had good reason to show up. Netflix CEO Ted Sarandos hosted a glitzy bash in his new home base in Toronto, having invited Hollywood talent — like Stranger Things star Noel Schnapp, Suits actor Patrick J. Adams, Never Have I Ever actress Maitreyi Ramakrishnan…

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#Lionsgate, Warner Bros. Discovery Among Top Hollywood Stock Gainers in First Quarter

#Lionsgate, Warner Bros. Discovery Among Top Hollywood Stock Gainers in First Quarter

Lionsgate, Warner Bros. Discovery and Paramount Global were among the hit Hollywood stocks of the first quarter of 2023, shaking off investor concerns about such industry challenges as record cord-cutting, getting streaming businesses to profitability and economic clouds darkening the advertising outlook, as well as recent stock market volatility due to the collapse of banks….

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#Global Streamers’ Original Content Spend Increase to Slow to 14 Percent in 2023 Amid “More Cautious Approach”: Analyst

#Global Streamers’ Original Content Spend Increase to Slow to 14 Percent in 2023 Amid “More Cautious Approach”: Analyst

Global Streamers’ Original Content Spend Increase to Slow to 14 Percent in 2023 Amid “More Cautious Approach”: Analyst Global streamers’ original content spend will grow to $26.5 billion in 2023, up $3.3 billion, or 14 percent, from $23.2 billion last year, according to estimates from research firm Ampere Analysis. However, that is a marked slowdown from…

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