Netflix, Warner Brothers
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Rinsch lost millions of dollars in risky securities trades, made that money back in cryptocurrency investments and used the profits for a luxury spending spree.
Netflix is ringing in the holidays with another slate of Christmas-themed movies, but while this year's crop of films is a bit less starry than last year's, viewership is in pretty lockstep as subscribers flock to small-to-mid-budget rom-coms that channel the spirit of the season.
Director Carl Rinsch was convicted Thursday on charges of defrauding Netflix out of $11 million during production of the never-completed sci-fi series “White Horse.” Rinsch faces the threat of many years in prison when he is sentenced on charges of wire fraud, money laundering and making illegal transactions.
Pop some bottles for the breakout leading man of the massive hit rom-com “Champagne Problems,” French actor Tom Wozniczka.
Kimmie's journey is coming to an end on Beauty in Black as Netflix has renewed the Tyler Perry series for a third and final season.
Netflix’s proposed $82-billion purchase of Warner Bros. is triggering warnings from unions and theater groups, who fear the deal could accelerate consolidation, reduce jobs, and sharply impact the theatrical box office.
The first season of Beauty in Black spent seven weeks in the top 10 for Netflix, and in its second week was in the top position across 28 countries. The season two, Part 1 also made it to the pole position in 14 countries in its second week of debut, the streamer added.
Hold onto your cabbages because Netflix’s live-action “Avatar: The Last Airbender” is back. Netflix has debuted the first trailer for Season 2, which will release on the streamer in 2026. The live-action series is a faithful adaptation of the popular animated Nickelodeon show from the 2000s.
Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix.