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Netflix News
Insider
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These charts show why Netflix is unbothered in the face of economic angst
- Netflix remains unbothered by economic headwinds and is not adjusting its forecasts.
- According to a UBS report, Netflix is cheaper than its peers in terms of cost per hour viewed.
- Co-CEO Ted Sarandos mentioned that Netflix is a tremendous value in terms of both absolute and competitive terms.
- The streaming giant's strong engagement is evidenced by the increase in viewing hours on Netflix's Top 10 lists.
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Insider
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Netflix is charging ahead as one of the stock market's favorite recession plays
- Netflix crushed first-quarter earnings, reaffirming its recession-resistant stance.
- Despite economic uncertainty, company leadership remains unconcerned about the economy and trade war.
- Netflix's business model, offering affordable entertainment, positions it well to weather an economic downturn.
- With a small advertising business and strong financials, Netflix is expected to continue its growth trajectory.
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Insider
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Netflix chief Ted Sarandos says AI can make movies '10% better'
- Netflix co-CEO Ted Sarandos believes AI can make movies 'better' in addition to being more cost-efficient.
- Sarandos mentioned that the use of AI tools, such as set references and pre-vis, VFX sequence prep, and shop planning, is already making the movie-making process better.
- AI enables smaller budget projects to access advanced visual effects that were previously limited to big-budget projects.
- Netflix aims to continue creating opportunities for AI to improve the member and creator experience, rather than replacing their roles entirely.
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Macrumors
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Netflix's New AI Search Feature Will Understand Your Viewing Moods
- Netflix is testing a new search feature powered by OpenAI technology to improve content discovery.
- The new AI-powered search capability allows users to search for content based on their mood.
- The feature is currently being tested with select users in Australia and New Zealand on iOS devices.
- Netflix aims to improve content discovery and recommendation to find the biggest audiences for their titles.
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Insider
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Netflix's earnings report looked different this time around
- Netflix reported a significant earnings beat in its first-quarter results, with earnings rising 25% to $6.61 per share and sales growing 13% to $10.5 billion.
- The report was unique as Netflix did not include specific quarterly subscription numbers this time, focusing on ad sales expansion, plans for sports, and creator content.
- Netflix launched an ad tech platform and hinted at incorporating video podcasts on the platform to drive growth.
- Despite economic concerns, Netflix remains resilient, with the stock rising 3% in after-hours trading following the positive earnings report.
- On the market front, UnitedHealth's shares dipped after disappointing earnings, while Eli Lilly's new weight-loss pill showed promising results, boosting the company's stock by 14%.
- In tech news, ICE ordered $30 million worth of Palantir tech to track immigrants, and AI agents still have room for improvement in accuracy.
- CEOs of American-made businesses express optimism about a US manufacturing resurgence, and some Starbucks baristas raise concerns over the new dress code impact.
- TikTok's leaders tighten control in China and Singapore, and future development will be overseen by global leaders, affecting its expansion in Latin America.
- In other news, a federal judge deemed Google a monopolist, and Trump Media requested an SEC investigation into a hedge fund's large short on Google.
- Russian oil prices decline, raising concerns over Putin's actions, and the impact of Trump's tariffs on America's food supply is contemplated.
- Lastly, the article touches on the current challenges faced by junior bankers, insights from Gen Z tech workers, and the emergence of humanoid robots in warehouses.
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Insider
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Netflix co-CEO says he suspects you'll see video podcasts 'find their way' to the streamer
- Netflix co-CEO Ted Sarandos believes video podcasts could potentially be featured on the streaming service.
- The lines between podcasts and talk shows are becoming blurry, according to Sarandos.
- This move aligns with Netflix's focus on pursuing creators in various areas.
- Netflix has been actively seeking YouTube creators to bring their shows to the platform, highlighting its advantages for creators.
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The Verge
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Netflix revenue rises to $10.5 billion following price hike
- Netflix's revenue reached $10.5 billion following a price hike, a 13% increase from the previous year.
- The company's net income grew to $2.9 billion, and it expects continued growth in membership and advertising revenue.
- Netflix raised prices in January, with its premium plan now priced at $24.99 per month.
- The company didn't disclose subscriber numbers but reported having 300 million global subscribers in January.
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Insider
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Netflix is on the hunt for competition shows like 'Survivor' and 'The Bachelor' starring digital creators
- Netflix is interested in competition shows starring digital creators, following the success of Amazon's 'Beast Games.'
- The streaming giant has mentioned 'Survivor' and 'The Bachelor' as potential inspirations for the shows.
- Netflix is flexible on the format and wants the creator to be active in developing it.
- The move is part of Netflix's efforts to attract and retain new audiences in the face of slowed member growth.
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Mensjournal
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Netflix Date Night Favorite 'Emily in Paris' Is Losing a Major Character Next Season
- Camille Razat, who plays a major character in 'Emily in Paris,' will not be returning for Season 5 according to a cast announcement on Netflix's Tudum.
- In Season 4, Camille left Gabriel at the altar, faked a pregnancy, and her future on the show became uncertain.
- Lucas Bravo, who plays Gabriel, has confirmed his return for Season 5.
- The series will pick up with Emily in Rome and later return to Paris in the second half of the season.
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Guardian
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The Guardian view on British TV: a drama out of a crisis | Editorial
- Leading figures within the British TV industry argue that it is in crisis.
- Streaming services are seen as a threat to British TV, as they have changed the consumption habits and led to increased production costs.
- Peter Kosminsky, the Bafta award-winning director, calls for a 'Netflix tax' to support British program-making.
- The importance of public service broadcasting in nurturing talent and addressing diverse stories is emphasized in the article.
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Guardian
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From Sidemen to MrBeast: how YouTube and its creator economy took over TV
- YouTube's superstar creators are making a significant impact on mainstream television, with examples like MrBeast's expensive reality show and the Sidemen's Netflix deal.
- Netflix recently launched the Sidemen's reality show, with plans for a US version, following the success of their YouTube series.
- MrBeast's $100m TV debut, Beast Games, became the most expensive reality show, attracting significant attention and setting records.
- Creators like MrBeast and Sidemen are expanding their horizons and partnering with platforms like Netflix to elevate their content production.
- The increasing quality of content on YouTube is fueling the rise of creators crossing over to traditional television and streaming platforms.
- YouTube has evolved into mainstream media, with creators investing heavily in production quality and team sizes to compete with traditional broadcasters.
- The creator economy is proving to be a lucrative industry, with top creators driving high engagement and attracting large, global audiences.
- The blurring of lines between YouTube and TV has been a growing trend, with creators becoming mainstream intellectual property and drawing diverse audiences.
- Platforms like YouTube are increasingly becoming the primary medium for viewers, surpassing traditional devices for content consumption.
- With the creator economy projected to continue growing, creators are exploring diverse revenue streams beyond content creation on platforms like YouTube.
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TechCrunch
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Netflix is revamping search with AI to improve discovery
- Netflix is revamping its search experience using AI to improve discovery.
- The company is developing interactive search based on generative technologies.
- Improving discovery and recommendation is a priority to find bigger audiences.
- Netflix is also testing OpenAI-powered search and plans to roll out a new home page design later this year.
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Pymnts
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Netflix Says Demand ‘Stable’ Amid Recession Fears
- Netflix reports first-quarter earnings that beat Wall Street consensus, with revenue in line with expectations.
- Executives see no impact from President Trump’s tariffs and don't expect it to be a major factor in the future.
- Netflix expects the demand for entertainment to remain strong in tougher economic times.
- The company aims to double revenue to around $80 billion and earn $9 billion in global ad sales by 2030.
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Digitaltrends
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3 underrated Netflix shows you should watch this weekend (April 18-20)
- Supacell is a thoughtful and grounded superhero series that explores the significance of race in a group of Black South Londoners with superpowers.
- Mo is a comedy series driven by the unique, signature voice of Mo Amer, a Palestinian refugee living in Texas, which offers a light touch and individual experiences.
- Blue Eye Samurai is a visually stunning and action-packed animated series set in Japan, following a blue-eyed female samurai on a quest for vengeance.
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Guardian
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Netflix quarterly result beats Wall Street expectations despite Trump tariff’s pall
- Netflix exceeded Wall Street expectations for quarterly results and offered a bullish revenue outlook.
- Revenue for the first quarter was $10.54bn, slightly surpassing estimates.
- Co-founder Reed Hastings transitioned to the board's non-executive chair.
- Netflix projects revenue to rise to $11.04bn for the next quarter, driven by membership growth and higher pricing.
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