Netflix posts strong earnings despite economic headwinds

Rising economic uncertainty amid a global trade war did little to dampen Netflix’s financial results in the first quarter. The Los Gatos-based streaming giant said its first quarter revenue grew 13% to $10.5 billion, fueled by membership growth and higher prices. Net income jumped 24% to $2.89 billion in the quarter, well ahead of the … Read more

Will Trump’s tariffs crash TV’s spring ad-selling party?

President Trump’s fluctuating tariff proposals and an overall feeling of economic uncertainty could cast a long shadow over the annual presentations from TV networks and streamers looking to attract billions for commercial time over the next year. The media industry will soon see advertisers and agency executives gather at New York venues for slick presentations … Read more

Steven Spielberg honors the late Marvin Levy, his longtime Oscar-winning publicist and advisor

Steven Spielberg is paying tribute to his longtime publicist and advisor Marvin Levy, the only marketing professional to earn an Oscar for his work. Levy died Monday at age 96. “Marvin’s passing is a huge loss for me and our industry writ large,” Spielberg said in a statement obtained by The Times. “There are many … Read more