Netflix touted strong momentum for its push into advertising, claiming subscribers on its ad-supported tier nearly doubled in the second quarter of 2023. However, the streamer said, advertising revenue in Q2 was still not material in the context of its overall business.
The company announced Q2 earnings Wednesday. Overall, Netflix netted 5.9 million new paid subscribers, amid its broader crackdown on password-sharing violators.
On the ad front, “While we continue to grow our reach — ads plan membership has nearly doubled since Q1 — it’s still off a small membership base, so current ad revenue isn’t material for Netflix,” the company said in its quarterly letter to shareholders. Read More...
The women of Fast & Furious are ready to hop in the driver's seat. Fast X stars Brie Larson, Jordana Brewster and Michelle Rodriguez told ET this week they "would love" to do an all-female series spinoff.
"I don't think we'd be mad about anything that involved ladies all together," Larson told ET's Nischelle Turner at the Fast X premiere in Rome on Friday.
Rodriguez echoed her co-star's excitement. "There's nobody better," she said. "I'm all about it! Read More...
It seems like there's little Deion Sanders can't do. A legendary Hall of Fame football star and former Major League Baseball player, Sanders has also dabbled in rap, appeared on his own reality television show and worked as a long-running sports analyst for the NFL Network. His latest act, however, is launching a successful football coaching career, first at HBCU Jackson State University and, as of December 2022, at Colorado University. Read More...