Tag: Netflix
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Meet the Cousins Behind Netflix’s New Foray Into Gaming
Netflix’s newest gaming studio started more than seven years ago when Sean Krankel got laid off from Disney.Krankel worked in design at Disney Interactive and Vivendi Universal Games. While his cousin and friend Adam Hines wrote at the storied adventu…
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‘Trust the Artist’: Why Nacelle’s Founder Says Hollywood Is Finally Seeing Creators as Entrepreneurs
It’s only 11am, but Brian Volk-Weiss is on his 7th or 8th meeting of the day when we finally get a chance to talk. No surprise there—who has time for sleep when you’ve got over over a dozen different projects in post-production alone? As the 45-ye…
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Gaming Content Creation Group FaZe Clan to Go Public With $1 Billion Valuation
FaZe Clan, the Los Angeles-based esports team owner and collective of gaming influencers, will go public through a merger with a special-purpose acquisition company valued at $1 billion, as it expands its gaming brand and eyes original content for str…
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Netflix Employees, Counterprotesters Clash in Tense Walk-Out Over Dave Chappelle Special
Dozens of Netflix employees and LGBTQ supporters walked out of the streaming giant’s offices in Hollywood this morning in protest of comedian Dave Chappelle’s incendiary new special “The Closer.” They were met by a group of Chappelle supporters who ca…
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Propelled by ‘Squid Game,’ Netflix Boosts Its Subscriber Base to 214 Million
Netflix’s subscriber base grew by 4.4 million in the last quarter, propelled in part by a new dystopian hit series, “Squid Game,” which the company has called its “biggest series launch ever.”The growth helped Netflix rake in $7.5 billion in revenue d…
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Hollywood Crews Vote ‘Yes’ on Strike Authorization, Raising the Stakes for Streaming Giants
Ratcheting up the stakes in an already tense labor battle, members of the International Alliance of Theatrical Stage Employees (IATSE) have voted to authorize union President Matthew Loeb to call a strike, the group announced Monday. The decision coul…
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A Crew Strike Would Shut Down Hollywood. Big Tech Has Everything to Do With It
As giants like Apple, Netflix and Disney spend big on streaming content and fight for subscribers, their apps are supplanting theaters, premium cable, reruns and even the humble DVD box set.The shake up was evident at the 2021 Emmy Awards, where strea…
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Netflix Buys Night School Studio
Netflix, the online streaming provider which has operations in Los Angeles, said on Tuesday that it has acquired Glendale-based video game developer Night School Studio. Financial terms of the acquisition were not announced. Night School Studio is best…
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Mobile Is Emerging as a Battlefront Between Streaming Video and Gaming Companies
The Olympics has helped reel viewers into NBCUniversal’s streaming service Peacock, at least on mobile. From June to July, the app — heavily promoted during and leading up to the Olympics — saw average daily users in the U.S. climb 52%, to about 2.4 m…
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The Latest Signs of Netflix’s Loosening Grip
As Netflix dips into gaming, streaming competitors are gobbling up its market share, new data shows.In the last two years, Netflix and Hulu’s combined share of streaming video subscriptions in the U.S. has dropped from nearly 75% to below 50%, accordi…