Netflix cofounder and chairman Reed Hastings to step down from board of directors

Netflix cofounder and chairman Reed Hastings will step down from the streaming service’s board of directors in June when his term expires, the company said on Thursday. Hastings plans to focus on philanthropy and other pursuits. Hastings had served as Netflix’s CEO for more than 20 years until 2023 after taking over the role from … Read more

How a 1999 anime hit inspired Netflix to double down on the genre (and its massive fan base)

A decades-old anime is shaping Netflix’s programming future. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “One Piece,” the long-running Japanese pirate saga-turned-live-action hit, topped Netflix’s charts in 75 countries after it made its debut in August 2023. Its success has helped fuel the streamer’s broader push into … Read more

Netflix raises its subscription prices for the second time in 2 years. Here are the new fees.

Netflix subscribers will have to pay more to watch their favorite TV shows and movies after the streaming platform raised its prices. The price hike, implemented this week, raises the cost of the standard plan with ads by $1 a month and the cost of the standard and premium plans by $2 a month, according … Read more

Democratic lawmakers want to know what Trump officials said to Netflix chief about WBD deal

Sen. Elizabeth Warren, D-Mass., and two other Democratic lawmakers demanded more information Monday about what Trump administration officials discussed with Netflix co-CEO Ted Sarandos before the streaming giant pulled out of the bidding war for Warner Bros. Discovery. In a letter to Attorney General Pam Bondi and White House chief of staff Susie Wiles, Warren … Read more

Netflix drops bid for Warner Bros. Discovery, paving the way for Paramount Skydance deal

Netflix announced it is dropping its bid for Warner Bros. Discovery, which paves the way for Paramount Skydance, the parent company of CBS News, to acquire it instead. The merger would require approval from Warner Bros. shareholders and federal regulators. Source link

Bill Clinton to face ‘even longer’ grilling over Epstein and Netflix bows out of bidding war: Morning Rundown

In today’s newsletter: Bill Clinton faces questioning from members of Congress over his Epstein ties. Netflix dramatically pulls out of the bidding war for Warner Bros. And North Korea’s Kim Jong Un fuels succession buzz. Here’s what to know today. Former president Bill Clinton will be first president to testify in House hearing in 40 … Read more

Netflix declines to raise offer for Warner Bros. Discovery

IE 11 is not supported. For an optimal experience visit our site on another browser. Anthropic CEO says company cannot agree to Pentagon’s AI usage demands 04:15 Now Playing Netflix declines to raise offer for Warner Bros. Discovery 04:19 UP NEXT Hillary Clinton calls questions at hearing with lawmakers on Epstein ‘repetitive’ 12:19 Protests underway … Read more