The first-mover advantage helped drive tremendous scale and brand recognition for Netflix. It's now a ridiculously profitable enterprise. Its operating margin went from 7.3% in 2014 to 26.7% last year, and it has raked in $13.8 billion in free cash flow over the past 24 months.
Netflix’s Ted Sarandos paid tribute to David Lynch and revealed that the director discussed a new series with the streaming service prior to his death.
Every earnings season, Netflix is one of the first companies to report. This quarter, the company delivered a stellar quarter that sent its shares soaring. As of this writing, Netflix shares trade at over $975, having made a new all-time high just days ago.
Netflix CEO Ted Sarandos called live sports on the streamer, like NFL games, "a really fantastic thing” but it stay limited unless the economics improve.
The exclusive Imax engagement of Greta Gerwig's upcoming Netflix fantasy epic "Narnia" does not represent a "change in our core strategy," according to co-CEO Ted Sarandos. On the Tuesday earnings call,
Writing on Instagram, Sarandos discussed the limited series that was spoken of in the press under the tentative name Wisteria, saying, “It was a David Lynch production, so filled with mystery and risks but we wanted to go on this creative ride with this genius.
Sarandos specifically recalled the time when Lynch came close to making “his last project” with Netflix. “He came into Netflix to pitch a limited series which we jumped at. It was a David Lynch production,
The show’s star power wasn’t limited to the crowd, with WWE Raw featuring some of the top WWE Superstars, including Seth Rollins, Kevin Owens, Sami Zayn, and Atlanta native Cody Rhodes, who is WWE’s undisputed champion. This episode, the last before the Royal Rumble, was a crucial build-up to the upcoming major event in Indianapolis.
Case in point: Netflix co-CEO Ted Sarandos just delivered an outstanding report that should remind everyone of what a juggernaut Netflix has become. Here's what he said. Image source: Getty Images.
Greta Gerwig’s Narnia is getting a two-week run in Imax theaters, but don’t think it's a change to Netflix’s stance on theatrical runs for its movies.
Netflix’s Ted Sarandos paid tribute to David Lynch on social media and revealed that the visionary filmmaker had a potential project with the streaming service at the time of his death.
EXCLUSIVE: WWE power couple Becky Lynch and Seth Rollins have inked with Adventure Media for management. The announcement comes on the heels of WWE Monday Night Raw’s record breaking debut on Netflix earlier this month which garnered 4.