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The company also announced that it would open an office in Sweden, Rome, and Istanbul to increase its original content in those regions. In April 2021, Sony Pictures Entertainment announced an agreement for Netflix to hold the US pay television window rights to its releases beginning in 2022, replacing Starz and expanding upon an existing agreement with Sony Pictures Animation. In December 2020, Netflix signed a first-look deal with Millie Bobby Brown to develop and star in several projects, including a potential action franchise. In April 2020, Peter Chernin’s Chernin Entertainment made a multi-year first-look deal with Netflix to make films. In March 2020, ViacomCBS announced it will be producing two spin-off films based on SpongeBob SquarePants for Netflix. In January 2020, Netflix announced a new four-film deal with Adam Sandler worth up to $275 million.
New on Netflix
Each route shows the estimated travel time on the map. In May 2022, Netflix’s shareholder Imperium Irrevocable Trust filed a lawsuit against the company for violating the US securities laws. In March 2020, some government agencies called for Netflix and other streamers to limit services due to increased broadband and energy consumption as use of the platform increased. The company has made claims boasting about viewership records without providing data to substantiate its successes or using problematic estimation methods. As Netflix increased its streaming output, it has faced calls to limit accessibility to graphic violence and include viewer advisories for issues such as sensationalism and promotion of pseudoscience.
Film and television deals
Over the years, Netflix output ballooned to a level unmatched by any television network or streaming service. This new experience included “Clips,” a vertical video feed featuring short clips from Netflix series, films and specials tailored to each member. That same month, Netflix announced it would stream both National Football League Christmas games in 2024. CEO Ted Sarandos attributed the increase in viewership of Korean content among Americans to Korean films and dramas being “often unpredictable” and catching “the American audience by surprise”.
Transition to streaming services (2007–
In early-August 2019, Netflix negotiated an exclusive multi-year film and television deal with Game of Thrones creators and showrunners David Benioff and D.B. In December 2018, the company announced a partnership with ESPN Films on a television documentary chronicling Michael Jordan and the 1997–98 Chicago Bulls season titled The Last Dance. In November 2018, Paramount Pictures signed a multi-picture film deal with Netflix, making Paramount the first major film studio to do so. In August 2018, the company signed a five-year exclusive overall deal with international best-selling author Harlan Coben. In December 2017, Netflix signed Stranger Things director-producer Shawn Levy and his production company 21 Laps Entertainment to what sources say is a four-year deal. Netflix released an estimated 30 original series or films over that year, more than any network or cable channel.
As of July 2017, Netflix series and movies accounted for more than a third of all prime-time download Internet traffic in North America. That same month, it was reported that Netflix was among several parties—including Sony and Paramount—in early talks to buy online film discovery platform Letterboxd. In the same month, the company announced Reed Hastings would step down from its board in June of that year. In late-2025, Netflix began to make shifts into podcasts, acquiring rights to exclusively carry video from selected shows from iHeartMedia, Barstool Sports, (including Pardon My Take, Spittin’ Chiclets, and The Ryen Russillo Show) and The Ringer.
- In June 2024, Netflix announced it would develop new entertainment venues known as “Netflix House” at the King of Prussia Mall in Pennsylvania and Galleria Dallas in Texas.
- In May 2018, former president, Barack Obama, and his wife, Michelle Obama, signed a deal to produce docuseries, documentaries, and features for Netflix under the Obamas’ newly formed production company, Higher Ground Productions.
- Also in May 2026, Netflix announced that the ads tier had reached 250 million monthly active viewers.
- Hastings reportedly told Mynette Louie in the late-1990s that his goal was always streaming media, and that Netflix rented DVDs only to grow its customer base for streaming.
Uzo Aduba non gamstop casinos became inaugural host of the series and announced monthly book selections set to be adapted by the streamer. On October 13, 2021, Netflix announced the launch of the Netflix Book Club, partnering with Starbucks for a social series called But Have You Read the Book?. The company acquired Night School Studio, an independent video game developer, on September 28. In July 2021, Netflix hired Mike Verdu, a former executive from Electronic Arts and Facebook, as vice president of game development, along with plans to add video games by 2022.