Latest Ted Sarandos News

Lorne Michaels of 'SNL' to be honored at PEN America gala

Jan. 23, 2023 13:40 PM EST

NEW YORK (AP) — This year's PEN America Literary Gala will be notable for the presence of “Saturday Night Live.” PEN, the literary and free expression organization, is giving “SNL” creator-executive Lorne Michaels its PEN/Audible Literary Service Award, which in previous...

Netflix's 4Q subscribers surge, long-time CEO passes baton

Jan. 19, 2023 18:58 PM EST

Netflix’s subscriber growth is surging again, providing an early sign that its shift to include ads in a cheaper version of its video streaming service is helping to combat tougher competition and attract cost-conscious customers grappling with inflation. The company on Thursday...

Netflix plans $900M facility at former New Jersey Army base

Dec. 21, 2022 18:57 PM EST

Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs. The subscription video streaming company will pay $55 million for a 292-acre site on the...