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‘Perfect Match' Season 3 Cast Member Instagrams

‘Perfect Match' Season 3 Cast Member Instagrams

Cosmopolitan2 days ago
The countdown is on for the premiere of Netflix's Perfect Match season 3, and this season promises to be veeery juicy. For starters: contestants Amber Desiree 'AD' Smith and Ollie Sutherland have already announced that they're engaged (and expecting their first child together!). Plus, this season will reunite Bachelor Nation alums Rachel Recchia and Clayton Echard, as well as former trial spouses J.R. Warren and Sandy Gallagher from season 3 of The Ultimatum.
Read on for deets on the full cast, which—in addition to your fave members of the Netflix reality universe—includes stars from The Bachelor, Love Island, and Siesta Key as well.
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Netflix reports 45% increase in profit for Q2
Netflix reports 45% increase in profit for Q2

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Netflix reports 45% increase in profit for Q2

CEO of Netflix Ted Sarandos attends the premiere of "Good Grief" at the Egyptian Theatre in Los Angeles in 2023. Netflix reported its Q2 profits are up beyond market expectations. File Photo by Allison Dinner/EPA July 17 (UPI) -- For its second quarter this year, Netflix reported total revenues of $11.08 billion, with an operating income of $3.8 billion and margin of 34.1%, which are way up from last year and beyond market estimates. Netflix isn't releasing subscriber figures, choosing instead to focus on revenue. It's trying out new revenue models, including advertising. New price increases with slow customer turnover are what likely caused the strong margins, according to the Hollywood Reporter. Earnings in the United States and Canada grew by 15%, a boost from 9% in Q1. Forecasted revenue for Q3 is $11.5 billion in revenue, $3.6 billion in operating income, and operating margins of 31.5%. Netflix said in May that its ad tier surpassed 94 million monthly subscribers. This tier has more than 50% of the company's new signups. It raised the price of the ad tier for the first time in January to $7.99 a month. The company expects to double its ad revenue in 2025. "We believe our ad tech platform is foundational to our long-term ads strategy and, over time, will enable us to offer better measurement, enhanced targeting, innovative ad formats and expanded programmatic capabilities," the company said in its quarterly shareholder letter. The company also shared its Engagement Report, which listed what members watched so far this year. It said people watched more than 95 billion hours of Netflix, watching a wide range of genres and languages. Netflix original shows such as Orange Is the New Black, Ozark and Money Heist all had more than 100 million hours viewed. Movies such as Red Notice, Leo and We Can Be Heroes each had more than 20 million views. "Watchtime -- or engagement -- is our best indicator of member happiness," the company said. "When people watch more, they stick around longer and recommend Netflix to others." Company CEO Ted Sarandos said on Netflix's quarterly earnings call: "Look, we want to be in business with the best creatives on the planet, regardless where they come from. Some of them are here in Hollywood. Others are in Korea, some are in India, and some are creators that distribute only on social media platforms, and most of them have not yet been discovered."

Eric Bana Battles Evil In The Vast Wilderness In Netflix's ‘Untamed'
Eric Bana Battles Evil In The Vast Wilderness In Netflix's ‘Untamed'

Forbes

time32 minutes ago

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Eric Bana Battles Evil In The Vast Wilderness In Netflix's ‘Untamed'

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Netflix Cruises, But Will Live Sports, Events Drive More Growth?
Netflix Cruises, But Will Live Sports, Events Drive More Growth?

Forbes

timean hour ago

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Netflix Cruises, But Will Live Sports, Events Drive More Growth?

Netflix had a very good second quarter, topping Wall Street expectations on its top and bottom lines, and providing guidance for the rest of the year, driven by a slate of popular returning shows. But the question will be, having decisively won the first era of the Streaming Wars, where does Netflix go from here? Needham & Co. senior analyst Laura Martin said on CNBC before the results were released that Wall Street was focused on a couple of key issues going forward: how much the company will spend on content, and whether that will incorporate more live-sports video rights spending. 'I think Wall Street would be okay if they went to $18 billion,' in annual content spending, Martin said. 'Where does live sports fit?' Indeed, that's a crucial question. Netflix executives have said in repeated earnings calls the past few years that they expected to spend around $17 billion on all their content spending worldwide. The company's executives repeated that mantra on Thursday's earnings Q&A with analysts, suggesting in passing that they were spending closer to $16 billion this year. MoffettNathanson's Robert Fishman asked about the company's sports rights acquisition plans now that Formula 1's deal appears likely to go to Apple's TV+ platform at a reported $150 million per year. 'Remember that sports are a sub-component of our live strategy,' Co-CEO Ted Sarandos said. 'We focus on ownable, big breatkthrough events.' That includes another year of two NFL games on Christmas Day, the Screen Actors Guild Awards, weekly WWE Smackdown 'casts, and upcoming combat sports fights and exhibitions. All of those rights deals 'have to make economic sense as well,' Sarandos said, perhaps suggesting $150 million a year for the F1 rights is a bit steep. Current rightsholder Disney/ESPN reportedly had offered a big bump, to close to $100 million, but wasn't going to try to match Apple's $3 trillion wallet. Sports and live events only drew about 200 billion hours hours of viewing, a small number in the vast reaches of Netflix audience data, but Sarandos said 'not all view hours are equal,' with sports and other live events helping with audience engagement and watch time overall, and probably with retention in an industry struggling elsewhere with customer churn rates. So Sarandos said the company is optimistic that it can further drive viewership in 2025's second half after seeing only 1 percent growth in view time in the first half. The 2025 slate is heavily weighted toward the back half of the year, featuring established hits such as Stranger Things and Wednesday and an already released final season of massive Korean hit Squid Game. Stranger Things creators the Duffer Bros. have a new show coming, and Oscar-winning writer/director/producer Greta Gerwig is bringing her take on the Chronicles of Narnia. 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And it's further complicated by labor contracts that Netflix and other media companies have signed with the Hollywood guilds that limit the use of AI tools in many creative corners of the business. Those Hollywood contracts don't cover what Netflix productions from dozens of other cities around the world, however. Co-CEO Ted Sarandos pointed to a small Argentine production that wanted to incorporate a collapsing building into its story. Creating the scene with traditional visual effects would have been prohibitively expensive, but the production turned to a set of AI tools developed by Eyeline, the skunk works, er, 'production innovation shop' inside Netflix's in-house visual-effects company, Sarandos said. 'The cost wouldn't have been feasible on a project with that kind of budget,' Sarandos said, but the AI scene was created 10 times faster, at a dramatically lower cost, and still worked for the creators and the audience. 'More importantly, the audience was thrilled. (AI) expands the possibilities on the screen.' Even with U.S.-based productions governed by the guild contracts, there's plenty that AI can still reshape, such as better ad-targeting, more relevant program recommendations, and highly specific trailers and thumbnails that pull the elements from a show that a given viewer is likely to most be interested in, said Co-CEO Greg Peters. The company 'has been in the personalization and recommendation business for two decades,' Peters said, but AI will allow it to do a better job, for instance with the ability to use natural-language conversations with the Netflix search engine to more precisely find something to watch. 'We see all the work we do there as a force multiplier,' Peters said. 'There's a bunch of places where we think we have an advantage in terms of data and scale.' 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Discovery are busy spinning off most of their cable networks and other legacy assets facing structural decline. Paramount is in the throes of an $8 billion acquisition by David Elllison's Skydance, and Lionsgate just split off its Starz streaming unit. "We agree that continued consolidation is likely," said CFO Spencer Neumann. 'But within legacy media, we don't think that materially changes the landscape.' Netflix has 'no interest in owning legacy media networks,' Neumann went on. When the company applies its framework to possible acquisitions, 'one of the things we look at is the opportunity cost.' An acquisition, especially in a massively politicized regulatory environment, is likely a distraction from other things the company could do with the money, like buy more programming or returning cash to shareholders with stock buybacks.

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