☀️NETFLIX overdelivers. again. Inside ARPU, Q4 Subscriber data trends and more

VICE looking for new buyer / DISNEY Tron sequel moving ahead / GOOGLE adds 12k to layoff tally

Mornin! This is Sean McNulty (connect here on LINKED IN if ya like) and here’s the Hollywood + Media news to know on FRIDAY January 20, 2023.

Where as I’m sure you’ve seen, NETFLIX just can’t stop creating new titles:

• Reed Hastings, Executive Chairman. Aka the Bezos role (i.e. still got 👀 on ya’ll). And with Co-CEOs… is Reed still a deciding vote on any conflicting matters? I’m happy to jump in anytime of course, you know where to find me.

• Ted Sarandos, Co-CEO (still). But hey think of the saving costs on new business cards and t-shirts.

• Greg Peters, now Co-CEO alongside Ted. Wonder if these guys do the head-to-head desk thing like Lasso & Beard? Oh right that’s APPLE.

• Bela Bajaria, Chief Content Officer. ‘Content’ meaning TV or…? 👇 (also I’m calling dibs on the Chief Cheeseburger Officer gag gift)

• Scott Stuber, Chairman, NETFLIX Films. For a company that loves charts, they did not give one on how the reporting structure is gonna work on these last two 🤔. But I guess… the technical “no specific comment” default is business as usual?

some promotions are better than others. via giphy

AND: I’m a bit under the weather, so my apologies if this is a bit shorter today or I egregiously spell something wrong. Starting with egregiously.

Thankfully #MediaNerd🤓 got his own place back in August (the guy snores like a banshee), so the full NETFLIX Subscriber, Revenue, #ARPU and earnings “call” observations still got completed below in THE MEDIA BIZ section.

ALSO: A thank you to the Wakeup reader who pointed out to me that Nelson Peltz did indeed have “Executive Compensation” as one of his issues… on page 29 of his “Restore the Magic” deck (wait is there a ! after Magic?). My apologies to Mr. Peltz, although the slide was mostly about what Iger got paid during the FOX deal, and there were no recommended steps as to get it more in line as a company.

IN TODAY’S EDITION:

• NETFLIX delivers big Q4 numbers… although some interesting things to note in US growth, EMEA biz, and of course our friend ARPU

• VICE is apparently back to square one on a deal

• GOOGLE joins layoff train

• Streamers get in on early horror SUNDANCE buys

• TURNER NETS pull more last-minute content moves

• REGAL Cinemas begin austerity bankruptcy closures

• Busy day in TV odds and ends and a look at the new things to watch / stream this weekend.

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📽 THE SILVER SCREEN

that Jared… always negotiating. via giphy