Netflix Co-CEO Ted Sarandos expects streaming data to become “much more transparent” in the near term, conforming with metrics for movies, TV and music.
01.10.2023 - 19:03 / variety.com
Ed Meza @edmezavar The changing global strategies of streamers and their impact on the independent film sector were front and center for international industry reps at the Zurich Summit on Saturday. Sasha Bühler, Netflix’s director of film for Germany, Austria and Switzerland, Patrick Wachsberger, Black Bear president John Friedberg, John Lesher, Neon CEO Tom Quinn, Focus Features’ Kiska Higgs and CAA’s Roeg Sutherland were among the participants taking deep dives into major issues facing the global entertainment market. Commenting on changing investment strategies at Netflix, Bühler stated, “We’re available in over 190 countries and we have 238 million subscribers, very diverse, around the world, and we actively produce in 50 countries, so it’s not a one-size-fits-all approach, and there are territories that are more saturated than others.” There are definite growth markets for Netflix and the company has not slowed down its investments at all, she added.
What the company is doing, however, is becoming “more deliberate in what we produce,” she added. “We haven’t been producing films that long. … We’ve learned a lot about what our members want and our member base grows continually.
We try to stay agile and adapt to that. So we’re not slowing down by any means in any market; we’re just being a little bit more deliberate about what works for our members. Germany, she noted, remains a growth market for the streamer.
Netflix has invested $500 million in production between 2021 and 2023. “We’ve stuck to that; we’ve done that. Our plan is to continue to invest more and more and more and we think there’s room for it and it’s a very healthy market for us.” Wachsberger, head of Picture Perfect Federation, said the streaming
.Netflix Co-CEO Ted Sarandos expects streaming data to become “much more transparent” in the near term, conforming with metrics for movies, TV and music.
Hearts will receive another 3500 tickets for their Viaplay Cup semi final clash with Rangers after fans snapped up their initial 13,000 allocation in a matter of days.
(G)I-DLE singer Soojin is reportedly preparing to make her solo debut after signing with a new agency.On October 16, South Korean news outlet SpoTV News reported that ex-(G)I-DLE member Soojin is currently “quietly preparing to make a solo comeback”, as translated by Korea JoongAng Daily.This was followed by a separate report by News1, which claimed that Soojin had signed an exclusive contract with a newly founded K-pop agency called BRD Communications.The news outlet also alleged that the singer is preparing to release music later this month under her new label. At the time of publishing, neither the singer nor the agency have commented on the reports.Soojin first made her debut in 2018 as a member of (G)I-DLE under CUBE Entertainment.
In recent years, the Underbanks area of Stockport has been attracting attention both regionally and nationally for its role in the south Manchester's town's renaissance.
has been nominated for several Golden Globes and Academy Awards, becoming the first Spanish actor to win an Oscar for best supporting actress in 2009.All this to say, Penélope Cruz is and is often regarded as one of Hollywood's best dressed, regardless of the occasion. Among her best outfits is the she wore during the 2023 MET Gala 2023, and it's necessary to talk about the black she wore at the Goya Awards 2017.
wcinkala pmc-editorial-manager For the first time, Variety will host an Interview Studio during Advertising Week featuring three days of programmed interviews with marketing leaders in the industry presented by Canva. The studio will take place from October 17-19 featuring conversations with marketing veterans participating alongside new marketing leaders.
Tom Morello has called for the condemnation of harm to all children “no matter who they are” after Jamie Lee Curtis deleted a photo of Palestinians.The actress was recently criticised after sharing a photo from Gaza in a post supporting Israel and then deleting it. Curtis took to Instagram to show her support for Israel and posted a photo of children running with one boy carrying a little girl.
Kendall Jenner and reggaeton superstar Bad Bunny, supporting the groundbreaking achievements of emerging companies like Selia.One of the highlights of the Summit was the Forbes Under 30 Latinx Pitch Competition, where startups vied for recognition and investment. Amidst fierce competition, Selia, a mental health platform dedicated to connecting Spanish-speaking individuals with certified psychologists, emerged as the winner, securing a significant prize of $300,000.
Kim Kardashian opened up about all things business in a new interview with Fortune.
After sitting it out last year, Deadline’s Contenders film series returns to London this weekend with a strong lineup featuring Ridley Scott, Emerald Fennell, Todd Haynes and Michael Mann among the panelists on tap to attend the awards-season event.
The Laurence Fox rant on Dan Wootton Tonight is now comfortably the most complained about broadcast of the past two years while complaints have come flooding in for yet another GB News show, Lee Anderson‘s interview with Home Secretary Suella Braverman.
Ed Meza @edmezavar Fred Kogel, CEO of leading German film and TV group Leonine Studios, which distributes the “Expendables” and “John Wick” movies in Germany, made the case for a new generation of action stars during the Zurich Summit over the weekend, where he was presented with Zurich Film Festival’s Game Changer Award. He noted that many of today’s action stars are the same ones he watched on the big screen back in the 1980s, among them Arnold Schwarzenegger, Sylvester Stallone, Harrison Ford and Tom Cruise.
EXCLUSIVE: Neon CEO and founder Tom Quinn, Black Bear International President John Friedberg and Iconoclast‘s Head of Film and TV Robert Walak stopped by Deadline’s Zurich Summit studio this weekend to talk about current projects. Watch the video above.
Leonine Studios founder and CEO Fred Kogel has said he does not expect his Germany-focused content group to expand much more in the near future, after four years of rapid and continuous growth.
EXCLUSIVE: Thomas Benski, former CEO and co-founder of Gangs of London producer Pulse Films, stopped by Deadline’s Zurich Summit studio to discuss his time at Pulse and what the future holds for him, including an upcoming production. You can watch the video above.
Neon CEO Tom Quinn has addressed the debate around the new theatrical standards for Best Picture eligibilityannounced by Academy of Motion Picture Arts and Sciences over the summer.
“Are streamers scaling back?” and “Is this a renaissance period for indie financed films?” were two of the questions at the heart of a Zurich Summit panel this morning, featuring CAA‘s Roeg Sutherland, WME‘s Katie Irwin and Oscar-winning producer John Lesher (Birdman).
Ed Meza @edmezavar Zurich Avenue, headed by producers and former Zurich Film Festival execs Karl Spoerri and Viviana Vezzani, has quickly amassed an impressive slate of projects since launching last year, including Annette Bening starrer “Nyad.” Jimmy Chin and Elizabeth Chai Vasarhelyi’s film, which chronicles the attempt by 64-year-old swimmer Diana Nyad to swim from Cuba to Florida, unspools at the Zurich Film Festival. Zurich Avenue co-developed the Netflix film, which was produced by Black Bear Pictures and Mad Chance.
The future of working with streamers was on the table at the Zurich Summit on Saturday amid talk that the content bubble has burst as key markets such as the U.S. reach saturation point.
International execs from Unifrance, MK2 and TrustNordisk kicked off the annual Zurich Summit on Saturday to discuss the importance of film festivals when promoting a title and if fests are drifting away from what works in cinemas.