‘exec’ Tagged Posts

Netflix exec says 85 p.c of recent spending will go in direction of unique content material

In case you had any doubts that unique content material is an enormous precedence at Netflix, Chief Content material Officer Ted Sarandos estima...

 

In case you had any doubts that unique content material is an enormous precedence at Netflix, Chief Content material Officer Ted Sarandos estimated that 85 p.c of the corporate’s whole spending goes to new reveals and films.

That’s in keeping with Selection, which reported on Sarandos’ remarks immediately at MoffettNathanson’s Media & Communications Summit 2018 in New York. He additionally mentioned Netflix has a 470 originals scheduled to premiere between now and the top of the 12 months, bringing the entire as much as round 1,000.

It’s most likely not stunning that the service is prioritizing originals. In spite of everything, Netflix appears to be highlighting a brand new unique each time I open it up, and opponents like Apple, Amazon and Hulu are ramping up their very own spending.

However the depth of Netflix’s library, which is achieved by licensing content material from others, has at all times appeared like a power — the truth is, a current research discovered that licensed content material generates 80 p.c of Netflix viewing in the US.

A part of the context right here is that most of the studios which have offered their content material to Netflix previously at the moment are both saving it for their very own streaming providers or seeking to elevate the costs.

And whereas motion pictures account for one-third of viewing on Netflix, Sarandos pointed to new, massive price range titles as one space the place it not is sensible for the streaming service to spend a ton of cash — as a result of when you actually wish to catch the newest blockbuster, you most likely already noticed it in theaters.

“We mentioned, possibly we are able to put the billion we’d put in an output deal into unique movies,” he mentioned.

Sarandos additionally sees a possibility to develop extra unscripted content material like Queer Eye, and to signal massive offers with high-profile showrunners like Shonda Rhimes and Ryan Murphy.

Netflix had beforehand projected that it could spend $ 7 billion to $ eight billion on content material this 12 months. And simply immediately, Netflix introduced that it’s renewing Misplaced in House for a second season (we have been followers of season one) and picked up 10 After Midnight, a horror anthology sequence from Form of Water director Guillermo del Toro.

NBC exec Jennifer Salke named head of Amazon Studios

 

Amazon Studios has lastly discovered a alternative for Roy Worth after the manager stepped down in mid-October over sexual harassment claims. Jennifer Salke will probably be filling within the prime spot on the on-line studio after serving for six years as NBC’s Leisure President.

“We’re thrilled to announce that Jennifer Salke will probably be becoming a member of us because the Head of Amazon Studios,” Amazon stated in an announcement offered to Exadrive. “Jen brings together with her a protracted and spectacular monitor file within the leisure business — and we’re excited to have her be part of Amazon.”

Salke steps in at a very tumultuous time for the Studio. Whereas Amazon’s had its share of crucial darlings together with Clear and the brand new sequence, The Marvelous Mrs. Maisel, the service primarily cleaned home after Worth’s exit, placing the kibosh on One Mississippi, I Love Dick and Jean-Claude Van Johnson, a comedy automobile for 90s motion star Jean-Claude Van Damme that had solely just lately launched.

On the time, the service was reportedly making a shift towards extra mainstream fare beneath marching orders from Jeff Bezos, moderately than the award fodder the corporate had beforehand targeted on. Hiring a prime govt from a NBC actually seems to verify that course. Although Salke additionally fostered some crucial darlings throughout her time, together with, notably, The Good Place and perennial tear-jerker, This Is Us.

Salke’s new function finds her reporting to Amazon SVP Jeff Blackburn. “What stood out about Jen was the deep relationships she has nurtured with creators and expertise over her profession, spanning NBCU, Twentieth Century Fox, and Aaron Spelling Productions,” Blackburn says within the assertion. “She’s constructed an impeccable popularity as an enormous chief who emphasizes creativity, collaboration, and teamwork.”  

As the top of the studio, Salke will probably be tasked with overseeing each scripted sequence and movie tasks for Amazon.

“I’m extremely excited in regards to the future at Amazon Studios.  Within the studio’s comparatively quick existence they’ve innovated, disrupted, and created characters which can be already an indelible a part of pop-culture,” Salke says, “NBC has been a tremendous dwelling – creatively, professionally and personally – and I depart there realizing that the work we did had groundbreaking influence.”

Featured Picture: Gabriel Olsen/FilmMagic/Getty Pictures

Facebook exec Sandberg urges graduates to build resilience

 

Facebook exec Sandberg urges graduates to build resilience

Berkeley, California. (AP) â ?? “Facebook Chief Operating Officer Sheryl Sandberg encouraged graduating seniors at the University of California, Berkeley to persevere in difficult times, speaking publicly for the first time about her husband’s death during a commencement speech.

Sandberg whose husband, Dave Goldberg, died in a treadmill accident while in Mexico vacation last year, she said, is “swallowed up in the deep fog of sadness.”

“death Dave’s change me into a very serious ways, “has its 4700 graduating seniors.” I learned about the depths of sorrow and brutality of loss. But I also learned that when life suck you under, you can kick the bottom, breaking the surface and breathe again. “

Loss her husband helped her find deeper gratitude for the grace of her friends, the love of her family and the laughter of her children. They realize that in the face of a challenge, can ‘you choose joy and meaning, Sandberg to the public.

“it is the greatest irony of my life lost my husband helped me find deeper gratitude,” she said.

Sandberg encouraged UC Berkeley’s 2016 graduate class to build resilience in themselves, their workplaces and their communities. “When coming challenges, I hope you have some embedded deep within you is the ability to learn and grow,” she said.