Netflix is no longer reporting number of subscribers on a quarterly basis. But it’s still motoring with a hot growth engine, delivering financial results for the first quarter of 2025 that topped Wall Street expectations. The industry-leading subscription streamer reported Q1 revenue of $10.54 billion,
Netflix founder Reed Hastings has stepped down from his executive chairman role at the streaming service. He will now serve as chairman of the board and in a non-executive director position. Hastings’ role change was announced in Netflix’s latest quarterly earnings report Thursday, with the
The very first sounds we hear in “Sneaks” are of those of New York City. The subway announcement, resident chatter and bustling street commotion provide the ambient grounding force of this tale of comradery, colorful characters and community. More along the lines of “Brave Little
Jim Acosta, a former chief White House correspondent and anchor for CNN, has signed with WME for representation. Acosta joined CNN in 2007 after beginning his career in local radio and television and with CBS News, where he covered issues including the 2004 presidential election,
Universal Pictures is fast-tracking an untitled original comedy about a country western star in free fall from Judd Apatow (“Trainwreck,” “King Of Staten Island”) and Glen Powell (“Twisters,” “Hit Man”). Apatow will direct the film with Powell set to star. The two will write the
New interactive storytelling company Operative Games is setting out to change the gaming industry using one of the scariest resources in entertainment: generative AI. But Operative leadership aims to approach this endeavor in partnership with creatives and talent, not in lieu of them. Backed by
Production, finance and distribution shop Fifth Season – once known as Endeavor Content – has bolstered its film studio with key promotions. Dan Guando and Kelly Todd have both been elevated to executive vice presidents, of creative and physical production, respectively. They will report to
The “Pacific Rim” TV series has found a home at Amazon, Variety has learned exclusively. The live-action project, which Variety exclusively reported on in 2024, is now in development at Prime Video in a deal between lead studio Legendary Television and Amazon MGM Studios. As