From the cutting room floor! Amy Schumer is continuing to share jokes she hoped to tell while cohosting the 2022 Oscars — before they were axed from the script.
19.04.2022 - 23:11 / deadline.com
Netflix shares slid 20% in after-hours trading after the company actually lost ground in its subscriber base, falling to 221.64 million, down 200,000 from the tally at the end of the fourth quarter.
The subscriber number fell well short of company targets of another 2.5 million added, which would have brought the company to 224.34 million. Wall Street analysts expected the same level of growth.
The Street also had expected more in term of revenue, with a consensus among analysts for $7.93 billion. Netflix reported $7.868 billion, with earnings per share of $3.53. The EPS figure easily exceeded analysts’ forecast of $2.90.
In its most recent earnings report in January, Netflix warned that results in the first quarter could be a bit soft. The company blamed a “back-end weighted content slate,” with titles like Bridgerton‘s second season and The Adam Project both launching in March, giving them less time to boost the quarterly numbers. Acquisition growth, Netflix said, is still affected by Covid and “macro-economic hardship” in regions like Latin America.
While Netflix continues to hold a strong subscriber lead in the overall streaming race, it faces more competition than ever from the likes of Disney, Warner Bros Discovery and several others.
As its North America business has plateaued, Netflix has responded by pursuing several initiatives. Earlier this year, it phased in the latest price hike, making its most popular subscription tier, at $15.49, the most expensive in the market. It also began testing a surcharge for sharing passwords in three Latin American countries. It’s a potential prelude to a global effort to crack down on the practice, which costs streaming purveyors billions in revenue. Also, the company has ramped up
From the cutting room floor! Amy Schumer is continuing to share jokes she hoped to tell while cohosting the 2022 Oscars — before they were axed from the script.
David Letterman made a rare stand-up comedy appearance on Friday, May 6, performing at the Fonda Theatre as part of the Netflix Is A Joke Festival.
Will Smith has been announced for the fourth season of Netflix’s My Next Guest Needs No Introduction With David Letterman.The actor’s appearance on the show however was filmed prior to his altercation with Chris Rock at the Oscars, so the incident won’t be addressed.In March, Smith struck the comedian on-stage during the ceremony following a joke about his wife Jada Pinkett Smith’s shaved head. Following numerous apologies over the incident, Smith resigned from the Academy and was subsequently banned from attending the Oscars for 10 years.The fourth season of Letterman’s talk show, set to debut on May 20, will also feature interviews with Cardi B, Billie Eilish, Kevin Durant, Julia Louis-Dreyfus and Ryan Reynolds.
the Hollywood Reporter. “This run ties Chappelle with Monty Python for the most headlined shows by any comedian at the Hollywood Bowl, reaching 70k fans of diverse backgrounds during the first Netflix Is A Joke: The Festival, and he refuses to allow last night’s incident to overshadow the magic of this historic moment.” The statement added: “As unfortunate and unsettling as the incident was, Chappelle went on with the show.
Zack Sharf Netflix has issued a statement after Dave Chappelle was attacked on stage while performing a comedy set during the streaming giant’s Netflix Is a Joke festival in Los Angeles. The performance was taking place at the Hollywood Bowl.
Todd Spangler NY Digital EditorNetflix misled investors about declining subscriber growth over the course of six months — leading to a massive drop in its stock price, according to a shareholder lawsuit.The lawsuit, filed Tuesday in federal district court in San Francisco, alleges Netflix violated U.S. securities laws by making “materially false and/or misleading statements” and also because it “failed to disclose material adverse facts about the company’s business, operations, and prospects.”Last month, Netflix reported a net loss of 200,000 subscribers in the first three months of 2022 and forecast a decline of another 2 million in Q2, citing various challenges including password-sharing behavior among some 100 million households that do not pay for the service.
After Dave Chappelle was knocked to the ground during his Netflix Is a Joke festival set, his attacker has since been identified and arrested.
Dave Chappelle was attacked on stage Tuesday night.
Dave Chappelle has been attacked by a man during a Netflix stand-up show at the Hollywood Bowl.Footage has surfaced online from last night’s show (May 3) which appears to show a man charging and tackling the comedian.The man was then said to have been dragged away by security, according to The Hollywood Reporter.Following the incident at the Netflix Is A Joke festival, Chappelle regained his composure and joked that “it was a trans man” in reference to the backlash last year over his stand-up special The Closer, where he described himself as “team TERF” as he spoke on the controversy surrounding J.K. Rowling.Dave Chappelle just got attacked on stage pic.twitter.com/E4gAfmkPgQ— Hoodville (@Hoodville_) May 4, 2022Here is a video of the aftermath.
Social media exploded tonight with posts from attendees at Dave Chappelle’s Hollywood Bowl Show, which is part of the Netflix Is A Joke Festival.
It was announced last year that Netflix is working on a That ’70s Show sequel series and now the cast has been confirmed!
It’s been a tough few weeks for Netflix. The streamer lost subscribers for the first time in over a decade and its market value took a battering, losing over $50 billion in one day after its disappointing first quarter earnings.
Several films and TV shows have been cancelled by Netflix as the streaming giant loses thousands of subscribers, it has been reported. Despite some huge hits like Squid Game and Bridgerton, Netflix revealed a shock fall in subscribers of 200,000 users in the first quarter of the year and its stock price soon dropped by more than 35 per cent.
was wiped out Wednesday.Netflix stock dropped to $215.50 per share in early Thursday trading, a more than 5% loss on the day.