Posted on Thursday, September 10th, 2020 by Ben Pearson
Don’t expect Netflix to make any further forays into owning movie theaters.
The streaming giant already owns the Paris Theatre in New York City and the Egyptian in Hollywood, but according to a new interview with the company’s co-CEO, Reed Hastings, additional Netflix movie theaters probably aren’t in the cards. Something Netflix does want, however, is to “beat Disney in family animation.” Read More »
Posted on Wednesday, November 14th, 2018 by Ben Pearson
World domination doesn’t come easy, so Netflix is experimenting with a new tactic to increase its global subscriber count.
In a recent interview, CEO Reed Hastings explained that a lower priced Netflix tier will be made available in select markets. Details are still relatively scarce, but a report says Netflix won’t be lowering the price of the streaming service’s lowest existing tier, but instead creating a brand new tier that will have different features and cost less. Read More »
A battle between Netflix and France’s Cannes Film Festival has been raging since 2017, but are we finally seeing the first signs of a possible peace between the two entities?
Earlier this week, Netflix CEO Reed Hastings admitted that Netflix “made mistakes” during the streaming service’s tussle with the prestigious French film festival, marking the first time that anyone on either side has blinked in this particular staring contest. Read Hastings’ full comment about Netflix’s Cannes feud below. Read More »
This year’s Cannes Film Festival came to end a few days ago, but ripple effects from events that transpired there will be felt on the French fest in the years to come. You may have heard about the controversy that arose surrounding Netflix’s involvement there, and today Netflix CEO Reed Hastings has spoken more about what went down.
You might have also noticed that the streaming service is notorious for being generous with second season renewals for their original series, but Hastings mentioned today that he’d actually like to cancel more of their original shows. Yes, you read that correctly.
Read on for the latest on the Netflix Cannes controversy and to learn what Hastings meant by that cancelation comment.
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Posted on Monday, November 14th, 2016 by Jacob Hall
I don’t know about you, but when the governments of the world collapse and civilization dissolves into chaos, and we’re reduced to living in a world where the biggest corporations battle for control of the surviving population, I’ll probably end up joining Team Disney. Because if I’m going to die for the glory of a corporate entity, it might as well be for Marvel and Star Wars. I’ll lie there, bleeding out on the battlefield, and look at the Mickey Mouse patch on my uniform and think “Well, at least I didn’t die for AT&T/Time Warner. Screw those guys!”
Anyway, Disney’s next step in becoming the domineering force of the dystopian future involves them possibly acquiring Netflix, a move that would be nothing short of huge for both companies.
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The fourth season of Arrested Development was never meant to be the end. From its earliest conception, creator Mitchell Hurwitz said the fourth season was just a long recap and preamble to a movie. Now that the fourth season is out there, it’s no spoiler to say there are more than enough stories to populate not only a movie, but maybe even additional seasons.
Exactly what the future of Arrested Development will be after its fourth season debut is still unclear, but one of its major champions is on board to continue. Netflix CEO Reed Hastings said though the company is currently contracted for only one season, he’d love to buy another season of the show if the talent is willing to come back. Read More »
Posted on Thursday, December 8th, 2011 by Angie Han
The worst of the Netflix backlash may be over, but that doesn’t mean it’ll be nothing but smooth sailing for the company from here on out. Even as services like Amazon and Hulu ramp up their offerings to compete with Netflix, Verizon has just announced that it too plans to jump into the fray, as it plans a major partnership with Redbox. Meanwhile, during a recent presentation Netflix CEO Reed Hastings named HBO Go as his company’s primary competition, noting that “They’re not competing directly with us, but they can.” More after the jump.
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Posted on Monday, October 10th, 2011 by Angie Han
Less than a month after Netflix unveiled a new plan to split off its DVD-by-mail service into a separate service called Qwikster comes news that the company has now reversed that very unpopular decision. In a blog post this morning, CEO and co-founder Reed Hastings announced that the company would be dropping the Qwikster idea entirely, and that DVD-by-mail would remain part of Netflix along with the streaming service. More details after the jump.
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Posted on Tuesday, September 20th, 2011 by Angie Han
The company that once seemed like it could do no wrong as of late seems like it can do no right. In a blog post published Sunday night, Netflix CEO Reed Hastings apologized to customers for “lack[ing] respect and humility in the way we announced the separation of DVD and streaming, and the price changes,” and revealed that the company would now be splitting off its DVDs-by-mail service completely into a new service called Qwikster. But rather than soothing irate customers, the move has seemingly only further antagonized members and shareholders. Read on after the jump.
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At a recent digital media conference in California, Netflix CEO Reed Hastings took the stage and laid out a ton of information about where he thinks his company will go in the next few years: What it will do, what it won’t do, and what he’d like it to do. From various accounts of the Q&A, which took place at the AllThingsD conference in Rancho Palos Verdes, it seems like Hastings has a good grasp on why Netflix is working (streaming content), how it can improve (social integration) and why it will never be iTunes or Hulu (too expensive). Read more after the jump. Read More »