Netflix Loses 200,000 Subscribers in Q1, Predicts Cut of 2 Million More in Q2

The loss of more than 150 jobs at the McVitie’s factory in Stockport would be ‘reprehensible’, a Labour MP has said.

Archie Mountbatten-Windsor is turning three on Friday, with Prince Harry and Meghan likely to have plenty in store to ensure he has a wonderful day. But while the focus will be on Archie himself, who was born on May 6, 2019, the day will have a special meaning to his mum, too.

Behati Prinsloo is taking a little trip down memory lane!

Taylor Swift has shared ‘This Love (Taylor’s Version)’, another track from her rework of 2014 album ‘1989’.Taking to social media to announce the song’s arrival today (May 6), Swift wrote: “This Love (My version!) is out & I’m currently reliving the 1989 tour in my head and spiraling, it’s fine”.It arrived alongside an accompanying lyric video, featuring a section of boardwalk surrounded by swaying grasses and a blue, dusky-looking sky, with the song’s lyrics fading in and out across it. Check it out below.It comes after the song was previewed in the trailer for Amazon Prime’s new series The Summer I Turned Pretty. Sharing the clip to social media, Swift revealed that the re-recorded track would be released in full later, writing: “I’ve always been so proud of this song”.It’s the second re-recorded track from ‘1989’ Swift has released, following on from ‘Wildest Dreams (Taylor’s Version)’ in September last year.

Holland said on social media that he was physically assaulted on a night out in Seoul.Earlier today (May 6), the openly gay K-pop singer took to Twitter to share more about an incident that occurred the previous night, where he had been walking around the Itaewon district in the South Korean city of Seoul with a friend and his manager.In his post, Holland claimed that he had been physically attacked by an unknown assailant. “Last night, I was walking around Itaewon with my manager and a friend,” he said. “Suddenly, a stranger man approached me and hit me on the face twice, calling me ‘a dirty gay’.”The singer also attached two pictures of the bruises he received on his nose as a result of the attack.

Lanarkshire council workers are willing to take industrial action over pay according to one union.

Peter Barlow's liver transplant storyline is being revisited on Coronation Street following a shocking discovery by nurse Aggie Bailey. The recovering alcoholic had the life-saving op last year but Aggie overheard her boss Mr Thorne gloating to a colleague how he rushed Peter’s operation in order to win the bet.

DNCE has a new song out!

Doja Cat has a new song out!

Jennifer Lawrence arrives in a chic dress and cardigan for a dinner out at Giorgio Baldi on Thursday evening (May 5) in Santa Monica, Calif.

Adele has shared an inspirational Instagram post in celebration of her 34th birthday.The Easy On Me hitmaker, who was recently reportedly in talks with Ceasers Palace after cancelling her residency, took to her Instagram feed to post two gorgeous photos of herself before writing a short speech in the caption. Singer Adele wore an incredible black dress for the snaps, which featured a sparkling sequinned top with a velvet skirt and massive puffed sleeves.

Chris Sullivan is gearing up to start a brand new chapter in his life with the conclusion of, and the actor revealed on Thursday that he and his wife are soon going to have their hands full.Sullivan took to Instagram to share a sweet video in which he reveals that he and wife Rachel Reichard are expecting their second child.In the video, the couple's adorable son, Bear Maxwell — whom the pair welcomed in July 2020 — adorably walks across their back yard, holding something in his hand and rocking a shirt that has the words «only child» crossed out, above the words «big brother.»As Bear gets to his dad, who is filming his adorable trek across the grass, he hands his dad the paper in his hand — which turns out to be a sonogram. The clip ends with some celebratory purple and white text that reads, «Its a… girl!»«We have wrapped my final scenes for #thisisus.

Adele! The singer turns 34 on Thursday and to mark the special occasion, she broke her social media silence of more than a month to share two stunning pictures of herself.MORE: Adele gives biggest hint yet of a permanent US move with boyfriend Rich PaulIn the snaps, taken by photographer Raven B. Varona, Adele can be seen posing in a gorgeous mini black dress with statement sleeves by Carolina Herrera.WATCH: Adele thanks ex-husband in emotional speech as she wear large diamond on ring fingerThe songstress is wearing her hair in her natural waves and opted to pose makeup-free for the camera, with just her signature gold hooped earrings as accessories.RELATED: Adele buys Sylvester Stallone's £42m Beverly Hills mansionSEE: Adele looks sensational in chic mini skirt and tailored jacket during fun night out"What a difference a year makes! If time keeps healing and smoothing out all the creases in my life like it does as the years fly by, then I can't wait to be 60!" her caption began reading.A post shared by Adele (@adele)Adele shared two new pictures with her fans"I've never been happier! So many lessons, so many blessings to be grateful for.

Bruce Willis and wife Emma Heming Willis are celebrating their youngest daughter Evelyn's eighth birthday with a sweet video taken when she was a baby.MORE: Bruce Willis' wife Emma pays heartfelt tribute to young daughter on her birthday alongside family photosEmma posted the video of the father and daughter duo together, with Bruce holding Evelyn on his shoulders and bouncing her up and down.WATCH: Bruce Willis celebrates youngest daughter's 8th birthday with special family video"The baby of our family is turning 8 tomorrow and I can't believe it," Emma wrote in the caption. "You know what I'm gonna say….

Taylor Swift released her new recording of one of her old hits.On Thursday night, Swift dropped «This Love (Taylor's Version),» which marks her first re-recorded track off her album.The song was first heard in the trailer for the new Amazon Prime Video series, The Summer I Turned Pretty, which dropped Thursday morning.Swift took to Instagram to tease the song's release, and to share the trailer as well, with a special thanks to Jenny Han — the creator and executive producer of the series, as well as the author of the books the show is based on — for featuring the tune in the trailer.A post shared by Taylor Swift (@taylorswift)«Thank you @jennyhan for debuting my version of This Love in the trailer for @thesummeriturnedpretty!!! I’ve always been so proud of this song and I’m very

Jennifer Maas TV Business WriterLimited series “Anatomy of a Scandal” has ended “Bridgerton” Season 2’s reign as the No. 1 English-language TV series on Netflix, according to the streaming service’s newly release Top 10 rankings.For the week of April 18-April 24, “Anatomy of a Scandal” was viewed for 75.6 million hours in its second week of availability, while “Bridgerton” racked up 46 million and landed in the No.

Jennifer Maas TV Business WriterIn the wake of big spender Netflix’s Q1 shocking subscriber loss news, David Zaslav made a point to say Warner Bros. Discovery “will not overspend to drive subscriber growth” during Discovery’s first-quarter earnings call Tuesday.“As you’ve heard me say, we are not trying to win the direct-to-consumer spending war,” the WBD CEO said, instead promising that the newly combined WarnerMedia-Discovery company would “invest in scale smartly.”Warner Bros.

Jennifer Maas TV Business WriterEntertainment-focused private investment firm Coral Tree Partners has closed its inaugural round of funding with committed capital of approximately $470 million, well above the initial target of $350 million.Per Coral Tree, inaugural fund was “significantly oversubscribed above its original hard cap” and “received strong support from a range of high‐quality institutional investors, including endowments, foundations, insurance companies, pension plans, institutional family offices and funds‐of‐funds.”Founded by former Shamrock Capital Advisors partners Will Wynperle and Alan Resnikoff, Coral Tree Partners is focused on investments in the media, entertainment, marketing services, and communications industries, lower middle market buyouts, and late state growth equity investments. Currently, the Los Angeles-based company has two investments to its name: Loaded, a Santa Monica, Calif.‐based global talent management and marketing firm that works in the gaming influencer market, and Subject Matter, a Washington, D.C.‐based strategic communications, creative content, advertising and government relations firm.Along with Wynperle and Resnikoff, the Coral Tree Partners team includes Mike DiLorenzo, Matt Greenzang and Jake Simons, who have worked with the founders previously, as well as a group of executive advisors comprised of several CEOs, including the former CEOs of Giant Creative, Learfield Sports, MarketCast and Questex.“Our investment experience in our sectors combined with our lower middle market focus differentiates us in the market,” Wynperle said.

Jennifer Maas TV Business WriterHBO’s “House of the Dragon” cost under $20 million per episode to produce its 10-episode first season, which debuts Aug. 21, a source close to production told Variety.For comparison, “Game of Thrones” cost HBO around $100 million to per season.

Jennifer Maas TV Business Writer“Abbott Elementary” got an A+ from ABC on its season finale, tripling its ratings with seven days of delayed viewing across DVRs, Hulu and other digital platforms, Variety has learned exclusively.The 9 o’clock on Tuesdays freshman comedy managed an initial 0.6 rating among adults 18-49 and 2.8 million total viewers for its April 12 finale, according to Live + Same Day data from Nielsen. Adding in a week of multiplatform viewing, the episode jumped 200% to a 1.8 rating, tying the show’s series high, and added 3.1 million viewers to reach 5.9 million total, per ABC.In looking at this same week-out metric, the “Abbott Elementary” finale’s key demo rating is up 50% from the show’s Dec.

Jennifer Maas TV Business WriterNetflix’s “Bridgerton” was viewed for more than 2.5 billion minutes during the week of its Season 2 debut, according to Nielsen’s newly released streaming Top 10 rankings.The Chris Van Dusen-created period romance was easily the No. 1 program on streaming for the week of March 21-27 on Nielsen’s charts, even though only its first season was available for the majority of that week, as Season 2 premiered on March 25.

Jennifer Maas TV Business WriterThe finale of CNN+’s “Land of the Giants: Titans of Tech,” titled “The Netflix Effect,” launches Thursday, perfect timing for an entertainment industry that is both reeling amid Netflix’s shocking Q1 subscriber miss, poor second-quarter outlook and the wait to see if CNN+ can find its groove as quickly as it might need to in order to survive.Based on the “Land of the Giants” podcast from Vox Media’s Recode, the CNN+ docuseries explores the complicated histories of Meta (a.k.a. Facebook), Apple, Amazon, Google and now Netflix.

Jennifer Maas TV Business WriterIrony Point is a production company that might not yet be known widely by name, but its projects, Netflix’s critically acclaimed “I Think You Should Leave With Tim Robinson”; Paramount Plus’ revival of “Inside Amy Schumer” and Schumer’s recently renewed Hulu dramedy “Life & Beth”; Michael Che’s Lorne Michaels-produced HBO Max show “That Damn Michael Che,” and Marvel’s new scripted “Squirrel Girl” podcast, certainly are.The banner, which is currently one year into a three-year deal at Netflix, is headed up by co-presidents Alex Bach and Daniel Powell. And their rapidly ramping up company is one that studios and talent are going to regret not having gotten into business with earlier five years from now.

Jennifer Maas TV Business WriterHBO’s “Winning Time” has landed a series high for the third week in a row, drawing 1.4 million viewers across HBO and HBO Max on Sunday.Per HBO, Episode 7 of the Los Angeles Lakers drama was up up 11% vs. last week’s episode and 59% above the season premiere.

Jennifer Maas TV Business WriterAll hail the viscount. The second season of “Bridgerton” has knocked the show’s first season out of the No.

Jennifer Maas TV Business WriterSPOLER ALERT: Do not read if you have not watched “Ariadne,” the Season 1 finale of “Russian Doll.”It’s been more than three years since the first season of “Russian Doll” launched on Netflix, and as such, even the most die-hard fans of the Natasha Lyonne time-loop dramedy need to forgive themselves if they don’t remember exactly how the first-season ending played out. But it is important we get that straight now if you want to enjoy Season 2 right when it launches Wednesday.So here to clear up what she considers a “misnomer” about the conclusion to “Russian Doll” Season 1, which had a lot of threads to follow in its closing moments, for Variety is star and co-creator Lyonne herself.

Jennifer Maas TV Business WriterIt should come as no surprise that cost is the main reason given for why someone will likely cancel a streaming service subscription — but what might be surprising is what those consumers feel is actually a fair price for Netflix, Disney+ and more platforms.According to Fandom’s second annual State of Streaming report, which was released on Tuesday by the mega-fan platform, 61% of those surveyed believe their streaming subs are too expensive and value the average streamer at $7.46 monthly.Here are the “average prices” consumers want to pay for top SVODs, per the Fandom study, in descending order: Netflix ($10.60), HBO Max ($9.30), Disney+ ($9.20), Hulu ($8.60), Amazon Prime Video ($8.60), Apple TV+ ($6.9), Paramount+ ($6.8) and Peacock ($5.5). The same report also revealed that 62% of surveyed consumers think “genre is the key differentiator” between streaming platforms, “with Disney+ being acknowledged as the genre-leader to date.”“I always look at originals and the way that they market originals is really the key to not only capturing audience, but keeping audience,” Anthony Iaffaldano, Fandom’s vice president of insights, told Variety.

Jennifer Maas TV Business WriterCBS shareholders have reached a $14.75 million settlement in their securities lawsuit against the network for what it relayed about the sexual misconduct allegations against disgraced former chairman-CEO Leslie Moonves and how his #MeToo comments affected the company.In a filing obtained by Variety Monday, CBS shareholders wrote, “Lead Plaintiff and Defendants have negotiated, at arm’s length and with the assistance of an experienced and neutral mediator, a proposed settlement of all claims in this Action for $14,750,000 in cash. This resolution, which falls well within the range of possible approval, involved a thorough investigation, extensive motion practice, consultation with an expert on damages and loss causation, and a formal mediation involving rigorous and extensive negotiations.” Representatives for CBS declined to comment Tuesday.In January 2020, a federal judge in New York allowed the shareholder lawsuit against CBS Corp.

Jennifer Maas TV Business WriterNetflix has ordered an adult animated series based on the card game “Exploding Kittens,” starring “Lucifer” star Tom Ellis and Lucy Liu. A new mobile game adaptation, “Exploding Kittens – The Game,” is being co-developed and will launch via the streamer in May, well ahead of the TV show’s planned 2023 debut.The show, which is executive produced by Mike Judge and Greg Daniels, follows the eternal conflict between Heaven and Hell as it reaches epic proportions when both God and the Devil are sent to Earth – in the bodies of chunky house cats.Along with Ellis and Liu, “Exploding Kittens” stars Abraham Lim (“Clickbait,” “The Boys”), Ally Maki (“Wrecked,” “Toy Story 4”), Mark Proksch (“What We Do In The Shadows,” “Better Call Saul”) and Sasheer Zamata (“Woke,” “Home Economics”).

Jennifer Maas TV Business WriterWarner Bros. Discovery and AT&T each ended the trading week with their respective shares selling at a 3% increase from where the stocks opened Monday.The newly formed Warner Bros. Discovery, born out of the $43 billion merger of Discovery, Inc.

Jennifer Maas TV Business Writer“Bridgerton” Season 2 has landed the title of Netflix’s third-most popular English-language TV series — a list that is calculated based on shows’ first 28 days on the streaming service — in just 17 days.Per Netflix’s newly released Top 10 data for April 4-10, “The series had 115.75M hours viewed on the English TV list, appearing in the Top 10 in 91 countries, making it the most viewed title for the third week in a row. The season also entered the Most Popular list at #3 with 560.50M hours viewed.