Politics
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Netflix Stock Opens at Record High Following Record 2020
As expected, Netflix shares opened Jan. 20 up nearly 14% to a record $573.43 per share following the previous day’s 2020 fiscal report that underscored the the streaming behemoth’s market dominance. The service saw record 37 million new subscribers, record revenue of nearly $30 billion and profit of $2.76 billion. The SVOD topped 203 million … Continue reading “Netflix Stock Opens at Record High Following Record 2020”
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Netflix Rolling Out ‘Linear TV’ Service Globally
Netflix is planning to expand worldwide a test feature that allows subscribers to simply click a button and let the streamer pick programming to watch. Tested in France and other markets, the unnamed feature acts as an old-school TV channel broadcasting shows on a loop. Greg Peters, COO and chief product officer, said that as … Continue reading “Netflix Rolling Out ‘Linear TV’ Service Globally”
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Netflix Brass Come Out Swinging Following Record 2020
Following a 2020 that saw record 37 million new subscribers, record revenue of nearly $30 billion and profit of $2.76 billion, Netflix is firing on all cylinders — the envy of the over-the-top video ecosystem and Hollywood. And the SVOD pioneer’s executives weren’t afraid to say so. On the pre-recorded fiscal webcast, co-founder/co-CEO Reed Hastings … Continue reading “Netflix Brass Come Out Swinging Following Record 2020”
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Netflix Releases First Inclusion Report: Women in 50% of Leadership Roles
As Media Play News‘ annual “Women in Home Entertainment” issue will tell you, Netflix has long been a promoter of female executives in the workplace. The SVOD pioneer Jan. 13 released its first-ever inclusion report indicating women make up half of its workforce (47.1%), including at the leadership level: directors and above (47.8%), vice presidents … Continue reading “Netflix Releases First Inclusion Report: Women in 50% of Leadership Roles”
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CES 2021 Goes Virtual in Pandemic Era
The annual CES kicks off today (Jan. 11) online instead of in Las Vegas due to the ongoing coronavirus pandemic. Gone are the 170,000 attendees who interacted in person with more than 4,500 exhibitors at the consumer electronics showcase in 2020. This year, the virtual CES will feature about 2,000 vendors, including those targeting home … Continue reading “CES 2021 Goes Virtual in Pandemic Era”
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Disney CEO Bob Chapek Calls for National Unity Following Capitol Siege
A day after Trump supporters lay siege on the nation’s Capitol while lawmakers inside attempted to certify Joe Biden and Kamala Harris as the next president and vice president of the United States, Walt Disney Company CEO Bob Chapek took to social media to condemn the violence seen around the world. Chapek said the riot … Continue reading “Disney CEO Bob Chapek Calls for National Unity Following Capitol Siege”
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Haystack News Bows Georgia U.S. Senate Runoffs Streaming Channel
With the nation’s political attention focused on today’s U.S. Senate seat elections in Georgia, Haystack News, the ad-supported news streaming aggregator, has launched separate channels focused on the special election and the Jan. 20 inauguration of president-elect Joe Biden. Haystack News seeks to differentiate itself within the AVOD and online TV markets by focusing on … Continue reading “Haystack News Bows Georgia U.S. Senate Runoffs Streaming Channel”
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New Government Stimulus Includes Anti-Piracy Streaming Video Component
While much of the attention surrounding Congress’ passage of $900 billion in emergency economic funding focuses on direct payments to Americans and small businesses, Hollywood movie and TV show content holders got some good news as well. A provision in the Emergency Coronavirus Relief Act of 2020 would punish for-profit illegal streaming of copyrighted movies … Continue reading “New Government Stimulus Includes Anti-Piracy Streaming Video Component”
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Retail Group Applauds New Stimulus Deal
The National Retail Federation lauded Congress for passing new economic aid to consumers during the ongoing pandemic and winter holiday retail season. The $900 billion Emergency Coronavirus Relief Act of 2020 provides for an immediate $600 payment to most Americans, in addition to $300 to the unemployed, and millions for small businesses and independent movie … Continue reading “Retail Group Applauds New Stimulus Deal”
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Netflix Drops Trailer on Its Comedic Take on 2020
Many people would count 2020 among the worst years in recent history. Now Netflix has made a comedy about it called “Death to 2020,” which launches Dec. 27. Created by Charlie Brooker and Annabel Jones, the team behind the Netflix original series “Black Mirror,” the documentary-style program features well-known actors (Samuel L. Jackson, Hugh Grant … Continue reading “Netflix Drops Trailer on Its Comedic Take on 2020”
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Disney’s Bob Iger Wants Chinese Ambassadorship, Politics Responds
NEWS ANALYSIS — News that Walt Disney Executive Chairman Bob Iger is up for being named U.S. Ambassador to China by President-Elect Joe Biden has produced strong pushback from conservative circles, which allege the executive’s cozy relationship with Chinese government officials is the wrong signal for the United States going forward. Should Iger be named … Continue reading “Disney’s Bob Iger Wants Chinese Ambassadorship, Politics Responds”
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Fox News International Streaming Video Service Expanding to 30 Countries
Fox News Media’s international streaming platform Fox News International is expanding operations in Chile, Panama and Portugal on Dec. 17. That brings the total number of countries with access to the news service to 30, surpassing Fox News Media’s original goal of reaching 20 countries by year’s end. Subscribers to the platform, which launched in … Continue reading “Fox News International Streaming Video Service Expanding to 30 Countries”