Netflix paid $55 million for a show. Prosecutors say the creator blew it on Rolls Royces and crypto.
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Hollywood Filmmaker Charged With $11 Million Conspiracy to Defraud Netflix
Prosecutors say Carl Erik Rinsch used funds for a science-fiction series for personal investments. An arbitrator ruled in Netflix’s favor last year.The New York Times - 2h -
Filmmaker charged with stealing $11 million from Netflix over show that never aired
Federal authorities said filmmaker Carl Erik Rinsch was arrested on Tuesday over charges he allegedly defrauded streaming giant Netflix out of $11 million in connection with a science fiction ...NBC News - 4h -
L.A. Prosecutor Says He Opposes Releasing the Menendez Brothers
Erik and Lyle Menendez still have paths to freedom. But the new district attorney is trying to roll back an effort by his predecessor to ease their punishment for killing their parents.The New York Times - Mar. 10 -
Netflix has won the streaming wars. Now what?
Analyst firm MoffettNathanson is raising its price target for Netflix, saying it sees huge upside for the platform’s new advertising model as well as continued profit-margin growth.MarketWatch - 1d -
John Mulaney Says His New Show Is Netflix’s Mistake
The comedian said Netflix “picked up this show by accident. They thought that it was a true-crime documentary because I look like a disappeared boy.”The New York Times - 5d -
Lando Norris hits out at ‘fabricated nonsense’ in Netflix’s Drive to Survive
McClaren driver criticises ‘lying’ in popular series Producers say they have corrected ‘unintentional errors’ Lando Norris has issued a scathing critique of the new season of the Netflix series ...The Guardian - 3d -
Netflix 'Love is Blind' contestant leaves would-be groom at altar over politics
A participant on Netflix’s “Love is Blind” reality show left her fiance at the altar, saying they were on a different “wavelength” when it came to politics. In the show’s Season Eight finale, which ...The Hill - Mar. 10 -
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.CNBC - 6d -
Netflix's $320m sci-fi blockbuster is 'soulless', 'dumb' and a hit
The Electric State, starring Millie Bobby Brown, follows a trend of Netflix making star-packed movies that are panned by critics - but reach huge audiences.BBC News - 3d
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Investors are on edge about potential changes to the Fed’s balance sheet plan
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...MarketWatch - 1h -
What happens to gift cards when a chain like Forever 21 or Joann closes stores? Here’s what shoppers can do.
Fabrics giant Joann is closing, and the store has stopped taking gift cards — upsetting many customers. Here’s what shoppers should know.MarketWatch - 3h -
Tesla’s stock gets its lowest price target from a bull. It still implies 39% upside.
RBC Capital Markets cut Tesla’s expected price mark to $320 from $440 on lower projections for robotaxi and self-driving software.MarketWatch - 3h -
Trump’s reciprocal tariffs could bring stagflation — and deflate his support
Trump campaigned on bringing prices down. If tariffs spike inflation and slow U.S. growth, his popularity could suffer.MarketWatch - 3h -
Intel’s stock is on a 5-day hot streak — but it’s still below last month’s highs
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.MarketWatch - 3h
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Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes just ahead of the U.S. Federal Reserve's policy meeting, where the central bank is expected to keep its benchmark interest rate steady.CNBC - 12m -
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes just ahead of the U.S. Federal Reserve's policy meeting, where the central bank is expected to keep its benchmark interest rate steady.CNBC - 12m -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 12m -
Social Security Employees Warn of Damage From DOGE
Current and former employees, both Republican and Democratic, are raising alarms about the damage cost-cutting efforts could do to the agency’s ability to serve the public.The New York Times - 12m -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 12m