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The Verge
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Feds charge director with $11 million fraud over his unfinished Netflix show
- Director Carl Erik Rinsch has been charged with wire fraud, money laundering, and other financial crimes.
- Netflix paid $44 million to produce Rinsch's 13-episode sci-fi series, but he allegedly used $10.5 million for personal expenses.
- Rinsch made crypto investments with the remaining money, leading to profits.
- He spent $10 million on himself, including luxury cars and expensive bedding, while the show remains unfinished.
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Mensjournal
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Star of New Netflix Doc Goes Missing 2 Days Before Premiere
- Tara Fleming, a key subject of the new Netflix documentary 'The Twister: Caught in the Storm,' has gone missing just two days before the premiere.
- Her ex-boyfriend reported her disappearance, stating that she was in Tulsa, Oklahoma, when she vanished.
- Authorities are currently investigating the case, and no further details have been released.
- Tara Fleming has since been found safe but needs assistance getting home to Joplin, Missouri.
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Digitaltrends
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This director is in talks to direct Stephen King’s Cujo for Netflix
- Darren Aronofsky is in talks to direct Cujo, Netflix's feature film adaptation of Stephen King's 1981 novel.
- Vertigo Entertainment's Roy Lee will produce the movie.
- Aronofsky is known for directing psychological thrillers such as Black Swan.
- Cujo follows the transformation of a Saint Bernard into a rabid killer after a rabies infection.
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Insider
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Ashley and Grant start new relationships on Netflix's 'Temptation Island.' What we know about who they're dating.
- Ashley and Grant went on Netflix's first season of 'Temptation Island' to mend their trust issues.
- Grant cheats on Ashley and starts dating Natalie, while Ashley dates Danny and Logan.
- Ashley and Danny may still be dating, while it seems Grant and Natalie are over.
- Ashley shares a photo with Danny on social media, indicating their ongoing relationship.
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Digitaltrends
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Adam Sandler returns as your favorite golfer in Happy Gilmore 2 teaser trailer
- Adam Sandler returns as everyone’s favorite golfer in Happy Gilmore 2, as shown in the teaser trailer released by Netflix.
- Happy, who hasn't swung a club in years, must find his 'happy place' and face off against the world's best golfers.
- Returning characters include Shooter McGavin and Hal, with Virginia Venit providing support to Happy.
- Happy Gilmore 2 features a talented cast, including Bad Bunny and notable real-life golfers.
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Kotaku
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The Latest Batch Of March Xbox Game Pass Additions Almost Makes Up For What's Leaving
- The second set of Xbox Game Pass games for March 2025 have been confirmed and they include plenty of things to look forward to.
- The new additions include games like Atomfall, Blizzard Arcade Collection, 33 Immortals (Game Preview), and Mythwrecked: Ambrosia Island.
- The games leaving the Xbox Game Pass this month include Lies of P, No More Heroes 3, Solar Ash, Evil West, Yakuza 5 and 6, Yakuza Kiwami 1 & 2, Yakuza 0, Yakuza Like a Dragon, and Monster Hunter Rise.
- Players have 13 more days to enjoy the games that are leaving the service.
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Mensjournal
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'Happy Gilmore 2' Trailer Seems Is Strangely Devoid of Jokes
- The new trailer for 'Happy Gilmore 2' seems to lack jokes, leading to speculation about its serious tone.
- Adam Sandler has excelled in dramatic roles, but fans might not expect a low-key inspirational drama for the sequel.
- The trailer features nostalgic elements, but the lack of humor raises questions about the overall comedic tone.
- While it's good to see Sandler back in action, a serious film about aging and relevance may not meet audience expectations.
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Minis
1y
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Techie flags freshers’ pay package at Infosys amid Narayana Murthy’s 'work 70 hours a week' remark
- Narayana Murthy advises Indian youngsters to work 70 hours a week to enhance productivity and GDP ranking.
- Reacting to this, a techie said that her first IT salary in 1999 as a fresher was Rs 3.55 lakh per annum after tax or approximately Rs 29K per month. She said she could not believe that Infosys was still paying freshers only Rs 3.72 lakh annually in 2023.
- Bureaucrat Ashok Khemka also weighed in and shared how CEOs' packages at IT firms shot through the roof but packages for freshers crawled comparatively. In a tweet, he said Infosys CEO's pay was 2,200 times a fresher's pay. "How many hours of work a week does the CEO and a fresher put in respectively? There are only 168 hours in a week."
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Minis
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Slash, hike, paywall: What Netflix, Amazon and JioCinema are doing with their pricing strategies
- Leading video OTT players in India like JioCinema, Amazon Prime Video, and Netflix have been experimenting with their strategies by introducing a paywall, hiking prices, and slashing prices respectively.
- India boasts 424 million OTT users, but only 49 million are paying subscribers, prompting OTT players to explore diverse price points and content offerings to tap into the vast entertainment consumption market.
- Netflix slashed prices by 20-60%, Amazon Prime Video increased monthly and quarterly plan prices, while JioCinema introduced a subscription-based tier and exclusive content.
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Minis
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Netflix's co-founder talks about hiring and the mistakes companies make
- Netflix co-founder Marc Randolph advises companies to be cautious in hiring and to hire only when absolutely necessary, citing the importance of focusing on company needs and execution.
- Randolph emphasizes the need for companies to identify significant capability gaps before hiring, highlighting that many companies go out of business due to running out of money rather than a lack of hiring.
- He also emphasizes the importance of balancing strengths and weaknesses, highlighting the value of diverse perspectives in complementing skill sets.
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Minis
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979
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Netflix under I-T scanner, facing tax liability in India for streaming services income: Report
- India's tax authorities are reportedly imposing a tax on the income generated by Netflix in the country.
- The tax authorities have attributed an income of approximately $6.73 million to Netflix's permanent establishment in India for the assessment year 2021-22.
- This move is part of India's efforts to regulate the digital economy and ensure that foreign companies pay taxes on the revenue they earn in the country.
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Minis
2y
724
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Netflix loses 1 million users as a result of crackdown on password sharing
- Netflix loses over a million users in Spain in Q1 2023, according to Kantar research group.
- The streaming giant's crackdown on password-sharing could backfire as two-thirds of the users who discontinued their subscription were sharing their log-in details, says Kantar's global insight director.
- The introduction of a monthly fee for users who share their log-in details with another household and technical measures to detect such sharing caused a steep drop in users, according to Kantar's research.
- Subscription cancellations in the first quarter tripled compared to the previous period, and one-tenth of remaining Netflix subscribers in Spain plan to unsubscribe in Q2.
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Minis
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950
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India a big prize, have to get pricing and payment methods right: Netflix co-CEO
- Netflix's co-CEO Ted Sarandos sees India as a big prize and important for the streaming giant to get pricing and payment methods right.
- A price reduction in December 2021 increased user engagement by 30% and revenue growth of 24% in 2022 compared to the year prior.
- Netflix slashed prices in India by 20-60% across its plans in December 2021 amid competition from other streaming platforms.
- Sarandos notes that India is a specific market where viewers like local content, but a lot of Indian content is also popular worldwide. Netflix aims to invest and do great in India in the long run.
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Minis
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857
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Netflix Down For More Than 11,000 US Users
- Netflix experienced an outage on late Sunday, affecting over 11,000 users in the US and delaying the streaming of 'Love is Blind: The Live Reunion', its second-ever live event, by more than an hour.
- After experiencing further glitches, Netflix issued an apology on Twitter at 9:30 pm (ET), informing users that the show was being filmed at that moment.
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Minis
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1k
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'Refused Amazon's offer to buy Netflix 25 yrs ago', says Co-founder
- Netflix's Co-founder, Marc Randolph, revealed in a tweet that the company had rejected an offer from Amazon to buy Netflix for $15 million, 25 years ago.
- Randolph stated that the decision was made because the company was onto something and had finally gotten the engine to turn over. They were not ready to give up the reins to someone else.
- The decision turned out to be the right one as Netflix is now one of the largest streaming services in the world, with a market capitalization of over $200 billion.
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