Hints and tips:
...Reed Hastings, who stepped down as Netflix chief executive on Thursday, co-founded a company that has became the byword for a tech revolution in the entertainment business....
...Sarandos and Peters will be charged with regaining momentum and leading Netflix through a more austere era for the entertainment industry....
...‘Depp v Heard’ is available on Channel 4...
...Disney chief executive Bob Iger plans a similar move later this year by merging child-friendly Disney Plus and Hulu, which focuses on general entertainment aimed at adults, into one app....
...But this could turn out to be the best year in entertainment for decades. First, there are the mavericks who have had a killer year....
...And they probably weren’t in attendance at Saturday’s All Points East — a London day party organised by US conglomerate the Anschutz Entertainment Group and sponsored this year by crypto platform Luno....
...The “Great Netflix Correction”, as it has become known in Hollywood, has triggered anxiety about the streaming business model and the future of entertainment....
...Netflix chief executive Reed Hastings had in April announced the company would create an advertising-supported version of its service....
...The results come after Netflix spooked investors in April when it revealed its decade-long subscriber growth had ended, raising questions about the value of entertainment companies scrambling to compete...
...Reed Hastings, Netflix’s co-founder, still spoke of his “bullish” confidence in the model, even as he unveiled a second straight quarter of subscriber losses....
...But its share price crash is worrying for the entire entertainment industry, because the biggest US media groups have earmarked more than $100bn for spending on content this year alone to try to emulate...
...The “upfronts” are a vestige of an entertainment world once dominated by analogue television, lavish commercials and fresh seasons of hit shows released each autumn....
...The Korean Wave opens September 24, V&A ‘Make, Break, Remix: The Rise of K-Style’ by Fiona Bae, (Thames & Hudson), will be published in the UK & Ireland on 22 September 2022...
...But Netflix, which has spent more than 20 years upending the rules of the entertainment business, may have found a way to defy even this convention....
...In September, Hastings said Netflix had completed 70 Indian originals, and had 90 more in the pipeline....
...He was most recently global vice chair of Paul Hastings....
...Play starts at 2pm GMT both days, is free and live to watch with fast-moving and expertly commented action, and should be good holiday entertainment for chess fans....
...Such is the challenge that Reed Hastings, Netflix’s founder, notably visited Brussels in January to meet EU commissioners....
...Reed Hastings, Netflix chief executive, has made transparency a part of the company’s unconventional corporate culture....
...In the digital era, subscriber additions have become the biggest driver of stock market valuation for entertainment companies....
...Increasingly, they are part of entertainment conglomerates backed by the likes of Silver Lake and TPG. Scribes worried that their representation was conflicted....
...We’re not seeing that in the [data],” Hastings told investors. “That gives us comfort”....
...“Entertainment is converging,” Severin said. “Whether you are a video, games, music, sports or a social media proposition, you ultimately compete for the same entertainment time and money.”...
...“In tech it has been popular, but in entertainment, we’re the first as far as we know to go down that path,” he said....
...In the past year and a half, Disney, Apple, WarnerMedia, Comcast and others have launched new streaming platforms as they battle for a piece of the future of entertainment....
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