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.
"First Covid, then some health uncertainties lead to this project never being produced but we made it clear that as soon as he was able, we were all in," co-CEO reveals
Netflix CEO Ted Sarandos says that David Lynch had been working on a limited series for the streamer, but it went unrealized due to COVID.
Netflix co-CEO Ted Sarandos called live sports on the streamer "a really fantastic thing" but said dipping into the NFL, WWE and more "doesn’t really change the underlying economics of full season, big league sports being extremely challenging.
Ted Sarandos lamented David Lynch's death Friday, saying he was working on a limited series for Netflix when he passed away
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 streaming service Netflix says it is raising prices again with plans to-reinvest back into programming, according to the company.
Merchandising! Merchandising! That’s where the real money from the movie is made, if you listened to wise old Yogurt from the comedy classic
Obviously, shareholders love to see a company beat earnings, and analysts were impressed by the performance with one calling it a "near flawless" quarter. However, beyond the headline numbers, co-CEOs Ted Sarandos and Greg Peters also shared fantastic news regarding its new subscribers and the stickiness of its platform.
Netflix started its move into original programming with dark and broody dramas such as Lilyhammer, House of Cards and Narcos. Over the years, it has expanded into multi-camera sitcoms, reality programming and live sporting events,
Greta Gerwig’s 2026 fantasy epic for the streamer will be preceded by a two-week Imax run, as discussed by co-CEO Ted Sarandos