Netflix added 24 million new users in 2017 and reported its highest ever quarter for new sign ups in Q4, capping a strong year of growth for the web streaming giant, which is now valued at more than US$100 billion for the first time. Announcing its fourth quarter results, Netflix said that it topped its […]
After some deliberation on the status of House of Cards (HOC) season six, Netflix content chief Ted Sarandos has confirmed that production will go on for the final season. Last month, the sixth season was put on an extended hiatus as management attempted to resolve the fallout of sexual harassment claims made against Kevin Spacey. […]
The sixth season production of House of Cards has extended its hiatus as management deal with the fallout of sexual misconduct claims made about its former leading star Kevin Spacey. Netflix and production partner Media Rights Capital (MRC) fired Spacey earlier this month and shut down prospects of any future productions of the series. Season […]
Netflix has fired award-winning actor Kevin Spacey, and will no longer produce TV shows and movies starring him after claims of sexual assault were made against him. Following reports that the actor and producer had sexually assaulted Star Trek: Discovery’s Anthony Rapp at the age of 14, and other claims since then, Netflix will no […]
Netflix and production partner Media Rights Capital (MRC) have suspended work on season six of House of Cards indefinitely, following news that the show will not continue beyond 2018. Yesterday Netflix revealed that it was ending the series, news that came as claims of sexual harassment were made about leading star and producer Kevin Spacey. […]
Netflix has cancelled the show that has been core to its popularity, House of Cards. The show will end after the upcoming sixth season is complete, with the decision made public soon after allegations of sexual assault were made against its leading star and producer Kevin Spacey. Earlier this week Star Trek: Discovery star Anthony […]
Streaming service Netflix has questioned the management set-up of troubled US studio Relativity Media, whose founder has responded with fury. With Relativity still in bankruptcy legal proceedings, Netflix made a court filing this week that claimed there was “considerable confusion” over who would run the studio once it had refinanced. As such, Netflix wants a […]
Ryan Kavanaugh’s Relativity Media is set to emerge from its financial woes with a bang, acquiring Kevin Spacey’s production house, Trigger Street Productions. On January 4, Relativity announced a committee of unsecured creditors had formally stated support for Kavanagh’s plan to exit Chapter 11 bankruptcy protection, a move that Kavanaugh (right) said would allow the […]
Billionaire investor Carl Icahn has sold more than half of his shares in streaming site Netflix in deals that have pocketed him more than US$800 million. According to an SEC filing issued yesterday, Icahn sold 2.98 million shares – around 5.1% of his 9.4% stake – over 12 days beginning October 10. The deals are […]
Actor Kevin Spacey has attacked the cost of the pilot season model and claimed it makes Netflix’s reported US$100 million double-season commission of House of Cards “look cost effective”. In his MacTaggart speech at the Edinburgh International Television Festival, Spacey, who stars in House of Cards as double dealing politician Francis Underwood, claimed that of the […]
