SAN RAMON, Calif. (AP) — A new Netflix documentary is setting out to expose technology’s corrosive effects on society during a pandemic that’s left people more dependent than ever on tools that keep them connected with friends, family and colleagues they can no longer meet in person. So the timing for Wednesday’s release of “The […]
Netflix
NEW YORK (AP) — Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company’s chief content officer, Ted Sarandos, as co-CEO. But it was investor disappointment in the outlook for new subscribers that helped drive […]
By The Associated Press undefined Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities. The couple is giving $40 million to each of three institutions: the United Negro College Fund, Spelman College and Morehouse College. The organizations said it is the largest […]
By MICHAEL LIEDTKE AP Technology Writer BERKELEY, Calif. (AP) — Netflix picked up nearly 16 million global subscribers during the first three months of the year, helping cement its status as one of the world’s most essential services in times of isolation or crisis. The quarter spanned the beginning of stay-at-home orders in the U.S. […]
By LYNN ELBER AP Television Writer LOS ANGELES (AP) — Netflix said Friday it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production. “This community has supported Netflix through the good times, and we want to help them through […]
By RACHEL LERMAN AP Technology Writer SAN FRANCISCO (AP) — Netflix is holding its ground in the streaming wars, passing its first big test since Apple and Disney launched rival services. The company added 8.8 million worldwide subscribers during its fourth quarter, surpassing expectations at a time when it faces heated competition. Netflix had said […]