Telefonica and Netflix form global partnership

Telefonica and Netflix have announced a global partnership to integrate Netflix’s service into Telefonica’s TV and video platforms in Europe and Latin America. The deal was announced via a video posted to Twitter, which featured Netflix CEO Reed Hastings and Telefonica executive chairman José María Álvarez-Pallete confirming rumours of the deal and signing the contract. “This […]

Netflix value surpasses Disney for the first time

Netflix stock market value rose to a record $153 billion on Thursday, temporarily surpassing Disney and making it the world’s most valuable media company for the first time. The streamer closed with a market capital of $141.8 billion, as Disney clocked off with $152.18 billion. The moment remains significant, highlighting the great strides Netflix has […]

Netflix orders Canadian drama Northern Rescue

Netflix has ordered CBC original drama Northern Rescue, and will have all rights outside of Canada. The family drama will star William Baldwin (MacGyver) and Kathleen Robertson (Murder in the First). It follows John West as he moves his three children away from a hectic urban life to a small northern hometown after the death […]

TBI Weekly: Does Netflix outgrowing Disney/Comcast value mean TV domination?

In one week, Netflix has managed to make a landmark TV deal with the Obamas and surpass the market value of Disney and Comcast. By the end of Wednesday Netflix reached a record high market capitalisation of $152 billion, overtaking Comcast which received $147 billion and just below Disney which received $153 billion. By the […]

Obamas enter the TV business via partnership with Netflix

Former US President Barack Obama and his wife Michelle Obama have unveiled plans to make films and TV series with Netflix. The Obamas have established a company called Higher Ground Productions as the entity through which they will produce content for Netflix. Under this banner, they will produce a mix of content, including scripted series, […]

VIMN Americas unveils distribution and copro deals

Viacom International Media Networks Americas has revealed a number of distribution deals for its original content with leading SVOD, Pay TV and FTA broadcasters via newly-expanded production and distribution division, Viacom International Studios (VIS). Among the deals, Fox Networks Latin America has acquired the rights to Animal, a thriller from VIMN Americas’ Argentine broadcaster Telefe. […]

Netflix to experience largest subscriber growth in 2018

Netflix will have its largest growth year to date in 2018, adding around 28 million subscribers over the year, according to predictions from Digital TV Research. The Netflix Forecasts report estimates that Netflix will grow to around 139 million streaming subscribers this year and will continue to increase its global user-count over the next five […]

Netflix ups originals spend to 85% of content budget

Netflix’s originals budget continues to grow with roughly 85% of its new content spend now going towards its own programming, according to chief content officer Ted Sarandos. Speaking at the MoffettNathanson Media and Communications Summit in New York, Sarandos (pictured) said that Netflix is shooting original programming in 17 different countries and confirmed that it […]

Netflix orders del Toro horror series, renews Lost In Space

Netflix has unveiled plans for its first ever horror anthology series, to be fronted by Academy Award-winning filmmaker Guillermo del Toro. Entitled Guillermo del Toro Presents 10 After Midnight, the series will present “a collection of personally curated stories that are both equally sophisticated and horrific,” according to Netflix. Guillermo del Toro, who won Best […]

Fox axes Brooklyn Nine-Nine as Hulu eyes its revival

Fox has cancelled three popular comedies including Brooklyn Nine-Nine, which Hulu and other US players are eyeing for revival. Other titles axed in the move include popular sitcom The Last Man on Earth and The Mick, which is ending its reign after two seasons. There has been public outcry over Fox’s decision to cancel Brooklyn […]

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