INSIDER
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
Read full article: CEOs got hefty pay raises in 2023, widening the gap with the workers they overseeThe typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets.
Screenwriters wait to learn terms of deal with Hollywood studios to end historic strike
Read full article: Screenwriters wait to learn terms of deal with Hollywood studios to end historic strikeScreenwriters are waiting to learn what their five-month strike won and preparing for a possible return to work after their union reached an agreement with studio executives.
An end in sight? Striking writers and Hollywood studios spend second full day in negotiations
Read full article: An end in sight? Striking writers and Hollywood studios spend second full day in negotiationsHollywood studios and striking screenwriters have spent a second full day in talks that could potentially put an end to the nearly five-month dispute that has brought many film and television productions to a halt.
As actors restart talks and writers return to work, here are key players in the Hollywood strikes
Read full article: As actors restart talks and writers return to work, here are key players in the Hollywood strikesThe key players in the two strikes that brought Hollywood to a halt include little-known leaders, labor lawyers and entertainment tycoons.
Netflix plans $900M facility at former New Jersey Army base
Read full article: Netflix plans $900M facility at former New Jersey Army baseNetflix says it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs.
Emmy surprises: 'Squid Game,' Dave Chappelle, 'This Is Us'
Read full article: Emmy surprises: 'Squid Game,' Dave Chappelle, 'This Is Us'The Emmy Award nominations announced Tuesday included some snubs and surprises, like “This Is Us” and “black-ish” walking away forever limply and Nathan Lane making history as the most-nominated best comedy guest actor in Emmy history.
Killer of LA philanthropist gets 190-year prison term
Read full article: Killer of LA philanthropist gets 190-year prison termA parolee who murdered 81-year-old philanthropist Jacqueline Avant, the wife of legendary music executive Clarence Avant, has been sentenced to 190 years in a California prison.
Man charged in death of Jacqueline Avant, music icon’s wife
Read full article: Man charged in death of Jacqueline Avant, music icon’s wifeProsecutors have filed charges against a 29-year-old man in last week's fatal shooting of philanthropist Jacqueline Avant, the wife of legendary music executive Clarence Avant, at their Beverly Hills, California, home.
Police: Man arrested in Jacqueline Avant case
Read full article: Police: Man arrested in Jacqueline Avant caseA 29-year-old man has been arrested in the death of philanthropist Jacqueline Avant, who was fatally shot this week at the Beverly Hills, California, home she shared with her husband, legendary music executive Clarence Avant.
Trans Netflix workers drop labor complaint but one resigns
Read full article: Trans Netflix workers drop labor complaint but one resignsTwo former Netflix employees who raised concerns about anti-transgender comments on Dave Chappelle’s TV special are dropping labor complaints and one has resigned from the company.
Netflix employee fired in wake of Chappelle special furor
Read full article: Netflix employee fired in wake of Chappelle special furorNetflix says it has fired an employee for disclosing confidential financial information about the Dave Chappelle comedy special “The Closer,” which some have condemned as being transphobic.
Spielberg's Amblin to make several films a year for Netflix
Read full article: Spielberg's Amblin to make several films a year for NetflixSteven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant.
Laying out data, Netflix touts its record on inclusivity
Read full article: Laying out data, Netflix touts its record on inclusivityThis image released by Netflix shows Phoebe Dynevor, left, and Rege-Jean Page in a scene from "Bridgerton." Netflix films were more likely to have women directing (23.1%), writing (25.2%) or producing (29%) than the top-grossing movies of 2018 and 2019. In Netflix films and series, 31.9% of leads were from underrepresented racial and ethnic groups. Latino representational lagged especially, accounting for just 4% of film leads and 1.7% of series leads. LGBTQ leads were featured in only 2.3% of Netflix films and series, though 12% of the U.S. population identifies as LGBTQ.
Netflix to expand production hub in New Mexico
Read full article: Netflix to expand production hub in New MexicoThe footprint of the production hub will grow with a private land purchase and a lease involving state trust land. She said the partnership with Netflix should send a signal that New Mexico is the place to be for film and television production. As part of the proposed investment, Netflix has committed to providing training programs in partnership with the New Mexico Film Office, local universities and industry organizations. Since coming to New Mexico in 2018, Netflix said it has spent more than $200 million, used more than 2,000 production vendors and hired more than 1,600 cast and crew members. Netflix is in production in New Mexico on the original films “The Harder They Fall" and “Intrusion" and is expected to soon begin filming “Stranger Things 4" in Albuquerque.
Netflix promotes content chief to co-CEO; adds 10M new subs
Read full article: Netflix promotes content chief to co-CEO; adds 10M new subsNEW YORK 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. This change makes formal what was already informal that Ted and I share the leadership of Netflix, said Hastings in a statement. The company picked up 10.1 million worldwide subscribers during the April-June period, more than triple what it usually adds in that period. The increase announced Thursday with Netflixs second-quarter earnings eclipsed the gain of 8.3 million subscribers projected among analysts polled by FactSet. Netflix ended June with 193 million worldwide subscribers, including 70 million in the U.S. and Canada, its largest geographic market.