Peloton CEO and co-founder John Foley announced his resignation as CEO following pressure from investor Blackwells Capital.
Netflix reported 2021 fourth quarter revenue of $7.7 billion. The company now boasts 222 million subscribers.
Netflix is working with the creators of ‘Drive to Survive’ on a new series focused on tennis’ biggest stars and tournaments.
Michael Jordan and his son Jeffrey have launched holding company Heir Inc. and secured a $10 million seed funding round.
Netflix is starting to produce its own video games as an additional offering for its subscribers at no extra charge.
Netflix’ total subscriber count reached 213.6 million at the end of the third quarter. The company plans to roll out a gaming division.
Netflix co-CEO Ted Sarandos said on Monday that he’s “thrilled” with the comopany’s efforts as it moves into gaming.
Netflix has shunned live sports throughout its history, but could potentially bid on U.S. Formula One rights when they expire next year.
The PGA Tour, Netflix, Vox Media, and ‘Drive to Survive’ producer Box to Box are teaming up on a docuseries on the PGA Tour.
Viewership for F1 has increased 36% compared to the 2019 season, with revenue spiking to $180 million in Q1 of this year.
