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Prince Harry and Meghan Markle are once again shutting down reports of a falling out with Netflix, but this time with an in-person appearance. The famous couple attended an event in Montecito, California, on Friday, hosted by Netflix co-CEO Ted Sarandos and ambassador Nicole Avant, celebrating Beef season two, which premieres on the streamer April…
Netflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in Bloomberg offers more details about…
“Paramount Skydance victory in Warner Bros. Discovery bidding war came after failed Netflix exec visit to win over White House” Netflix CEO Ted Sarandos failed Thursday to convince a skeptical Trump administration to approve his proposed takeover of Warner Bros. Discovery – and with that, his nearly done deal to buy WBD’s streaming service and…
Mark Ruffalo has shared his thoughts on James Cameron‘s letter in opposition to Netflix buying Warner Bros. Discovery, with the filmmaker instead sharing support for Paramount to acquire the company. “So… the next question to Mr Cameron should be this… ‘Are you also against the monopolization that a Paramount acquisition would create? Or is it…
Will Netflix’s $82.7 billion deal to acquire Warner Bros. get approval from federal regulators? While Paramount was assumed to be the frontrunner to acquire the storied movie studio thanks to CEO David Ellison’s connections to the Trump administration, new reporting in Bloomberg and The Hollywood Reporter suggests that Netflix co-CEO Ted Sarandos met with President…
Netflix taking pole position to win the race for Warner Bros. Discovery sent shockwaves through Hollywood Thursday night, partially because it was presumed that Paramount Skydance CEO David Ellison had the support of President Donald Trump. Now multiple sources tell The Hollywood Reporter that Netflix may also have received some sort of blessing by Trump,…
As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI…
Guillermo del Toro’s lifelong passion project Frankenstein jolted to life on Saturday night in Italy where the Netflix film received a splashy world premiere during the Venice Film Festival. When it was over, and as the credits rolled, the fest audience responded with a 14-minute standing ovation that brought the filmmaker and his title star…
Top Hollywood studio execs are scheduled to hold a call with Motion Pictures Association chair-CEO Charles Rivkin on Friday to discuss President Donald Trump’s surprise proposal to impose tariffs on movies shot outside of the United States, The Hollywood Reporter has learned. The film industry was left reeling over the weekend after Trump took to…
“I’m saving Hollywood,” said Ted Sarandos when asked if he was “destroying Hollywood” from the box office suffering due to streaming platforms continuing to expand. “Netflix is a very consumer-focused company. We really do care that we deliver the program to you in a way you want to watch it, and it’s a program that…