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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.

Siemens CEO says not interested in robot maker Kuka

 

Siemens CEO says not interested in robot maker Kuka

“If we are interested, we would have some time ago acted on that,” Joe Kaeser at the German broadcaster NTV in an interview.

Offer Midea have sparked a furious debate about Chinese acquisitions in Europe, politicians such as German Economy Minister Sigmar Gabriel calling for tighter restrictions. This also resulted in Berlin to consider whether KUKA’s technology is critical for the digitization of the German industry, an economic priority.

Kaeser, talk to the broadcaster on the sidelines of the trading visited Chancellor Angela Merkel Beijing, he believes Gabriel, who also said Vice Chancellor, were relaxing on KUKA’s situation.

“I do not believe that Mr. Gabriel has a concern,” has Kaeser.

“As economy minister, he has to find his country … in the sense that it is quite natural that he should look for alternatives,” Kaeser added.

Gabriel earlier this month, there was an effort underway to develop an alternative offer for KUKA.

Germany Sueddeutsche Zeitung daily reported that Gabriel to German automakers and Siemens discussed the confirmation of a potential anti-bid for KUKA. But sources close to the government and Siemens Reuters not come across the idea with little enthusiasm.

Andy Gu, deputy CEO of Midea, Handelsblatt newspaper says Germany’s bid for his company KUKA is motivated by business interests and is aimed at the German company, the objective of the large Chinese market. It was not a political venture, he said.

“We are a private company. It is not important to us that claims the Chinese government,” said the newspaper quoted Gu.

Gu said KUKA will remain independent, and adds that he expects Chinese authorities to approve the takeover, according to the newspaper.

($ 1 = € 0.8890)

(Reporting by Andreas Rinke in Beijing, Writing by Jonathan Gould; Editing by Clelia Oziel)

Google says ‘no’ to payday lender ads

 

Google says 'no' to payday lender ads

(Reuters) -. Google, a unit of Alphabet Inc., said it would prohibit advertisements for payday loans because it is “deceptive and harmful financial products” to vulnerable customers

Google, which Facebook connect Inc. in concluding advertising by payday lenders, announced his decision presented a day after the US Treasury that online lenders supports greater transparency in their transactions.

payday lenders that small loans at high interest rates that must be followed to provide repaid within a short period of time, came under criticism as lenders often fails to pay the loan or tendency refinance them to increase their debt.

“Research has shown these loans can lead to priceless payment defaults and high for users,” said David Graff, director of global product policy at Google, said yesterday in a Google blog. (Http://bit.ly/1qe5nMP)

Shares in online lender Enova International Inc. has 6.2 percent on Wednesday, while the World Acceptance Corp was en 3 percent.

“It is disappointing that a website created to help give users full access to information that arbitrary choices on the ads users are allowed to see the legitimate enterprises,” Kirk Chartier, Enova chief marketing said in a statement.

He added that Enova significant impact on its business from Google’s decision is not expected.

The company will advertise loans where repayment due prohibited within 60 days from the date of issue. In the United States, the company will also advertisements for loans with annual percentage rates (APRS) of 36 percent or more prohibited

Federal policy makers and regulators in the past discussed and rejected the idea of ​​limiting the APRS. – Whether annual interest rates on loans – 36 percent. Some states, including New Hampshire and Montana, has done so at the local level, but according to the Consumer Federation of America.

“To an ad rule that not only make disturbing violated state and federal law, but it is discriminatory,” Lisa McGreevy, CEO of Online Borrowers Alliance, told Reuters.

“a certain class of people who would otherwise not regular credit eligibility now can get credit … It is their (Google) decide who can and can not credit information.”

Ads that appear on the top and right side of a Google search results will not display more marketing of the payday lending industry started 13th July.

Twitter says Dorsey continues to forego direct compensation

 

Twitter says Dorsey continues to forego direct compensation

Dorsey agreed in June to a salary until the company’s compensation committee he agreed on a package.

The committee decided on Wednesday after introducing a performance-based program for top managers ekwiteitvergoedingskemas Twitter’s commitment to bind their performance closer to that of the company, according to the filing.

Twitter reported its first quarter earlier this week no growth in users, stoke fresh concern about how long it will take for the company to reverse the trend.

In January, four executives of the company. Following the departure, Twitter named American Express Co. executive Leslie Berland as its chief marketing officer.

Facing the slowdown user growth, Twitter is experimenting under Dorsey who became CEO interim CEO in July and then in October, with ways to make more attractive the website

(Reporting by Lehar moon in Bangalore; Editing by Saumyadeb Chakrabarty).

Clinton says FBI has not contacted her about emails

 

WASHINGTON (AP) â ?? “Democratic presidential candidate Hillary Clinton, said the FBI has not contacted her about his research or she has classified information on its private e-mail server.

Asked on CNN’s” States of the Union “or is she an interview by the FBI still, the former foreign minister replied: “No. “

She has not spread.

Federal investigators are looking into the safety of setup email Clinton amid concern the intelligence of the Inspector General that classified information transmitted by the system. Clinton provided the server to the FBI in August.

Clinton said they did not send or receive information classified at the time via her personal email account.