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Read preview"Baby Reindeer" star and creator Richard Gadd said he didn't see his stalker as a villain because he struggles with "toxic empathy" and blames the system for failing to help her. Related storiesHe said: "I think I struggle with a sort of toxic empathy problem where I feel a lot for people. AdvertisementDuring the Q&A session, Gadd touched on why he thinks "Baby Reindeer" resonated with audiences. "I'm not sure there's been a TV show like 'Baby Reindeer' that's kind of captured the dark difficulties and idiosyncrasies of life." He said: "But I think 'Baby Reindeer' has stood out so much because it goes back to something about the human condition, which is dark and difficult and challenging, and every human being is a mixture of good and bad."
Persons: , Richard Gadd, Donny Dunn, Gadd, Martha Scott, Jessica Gunning, " Gadd, she's, , I'm, there's Organizations: Service, Netflix, Business, Hollywood, Independent Locations: Los Angeles
Applebee's and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. The company reported first-quarter earnings that fell short of Wall Street's estimates, and both Applebee's and IHOP's same-store sales shrank more than expected. As Applebee's leans into value with a slate of promotions that includes the return of Dollaritas, Dine Brands CEO John Peyton is confident that the chain can beat out the fast-food chains vying for its customers. Applebee's isn't the only casual-dining chain taking aim at McDonald's and the rest of the fast-food category. "It's top of mind for so many people, and it's because they've grown up with Applebee's," Peyton said.
Persons: Dine, Applebee's, John Peyton, Burger, Peyton, Chris Kempczinski, Peyton Manning, Tom Brady, Beyonce Organizations: Dine Brands, CNBC, Peyton, Brinker International
Read previewKevin Spacey has addressed new allegations of sexual assault brought to light in a documentary set to air in the UK. In a 98-minute interview with British journalist Dan Wootton, posted to X on Friday, Spacey commented on the claims made in the documentary. For others, including claims by actors Ruari Cannon and Danny De Lillo, who have waived their anonymity to give interviews about their experiences with Spacey to publications this weekend, Spacey denied any wrongdoing. A representative for Spacey did not respond to a request for comment from Business Insider sent outside regular working hours. AdvertisementThe following year, a London court found Spacey not guilty on nine charges, including sexual assault, which were alleged to have been committed between 2001 and 2013 against four men.
Persons: , Kevin Spacey, Spacey, Ryan, Dan Wootton, who's, “ I’ve, , Oscar, — Dan Wootton, it's, Ruari Cannon, Danny De Lillo, Melinda Sue Gordon, Lillo, Cannon, Anthony Rapp Organizations: Service, Hollywood, Business, Channel, ID, British, London's Old, Business Insider Locations: British, @danwootton, New York, London
Max is the first AI contestant on "The Circle" — he's literally a chatbot. Max is pretty boring, but having an AI in the game turned it into a robot witch hunt. But bringing an AI player into the mix reflects some of the future online trials we're likely to face — and some that are already happening. Netflix"The Circle's" AI player is Max, a chatbot masquerading as a 26-year-old veterinary intern from Wisconsin who describes himself as an "animal whisperer with a knack for making bad pottery, no cap." AdvertisementMaybe the funniest part about Max is that they gave him his own apartment, complete with throw pillows of his human face.
Persons: Max, , Asimov, Lauren doesn't, He's, Griffin James, who's, Pippa, Steffi, Stephanie, Hill, OpenAI, Alistair Barr, Katie Notopoulos, I'm, Myles Organizations: Service, Netflix, Washington Post Locations: British, Wisconsin
Over the course of the season, Tyler and Hall have multiple discussions about their relationship and at least one steamy kiss. Here's everything we know about whether Tyler and Hall are dating after "Selling the OC" season three. AdvertisementTyler and Hall's sexual tension ramped up on 'Selling the OC' season 2Tyler Stanaland and Alex Hall on "Selling the OC." Season 3 is filled with more indecisionAlex Hall and Tyler Stanaland continue to test the waters of a relationship on "Selling the OC" season 3. Tyler Stanaland and Alex Hall on "Selling the OC."
Persons: , Tyler Stanaland, Alex Hall, Tyler's, Brittany Snow, Tyler, Terence Patrick, Gio Helou, Hall, Brandi Marshall, Polly Brindle, Polly, wouldn't, costars, Hall's, he's, flakiness, doesn't, it's, Tudum Organizations: Service, Group, Business, Hall, Netflix, Oppenheim Locations: Cabo, Fiji, Australia, San Diego, Nashville, Vegas, London, Italy
Asunta Basterra Porto's adoptive parents killed her in 2013 when she was 12. Alfonso Basterra and Rosario Porto were found guilty of killing their daughter in 2016. AdvertisementA couple who murdered their 12-year-old daughter years after adopting her is the focus of the new Netflix series: "The Asunta Case." Rosario Porto (Candela Peña), a lawyer, and journalist Alfonso Basterra (Tristán Ulloa), adopted Asunta Basterra Porto from China in 2001 and took her back to Spain. This story is available exclusively to Business Insider subscribers.
Persons: Asunta Basterra, Alfonso Basterra, Rosario Porto, , Tristán Ulloa Organizations: Rosario, Netflix, Service, Basterra, Business Locations: Basterra Porto, China, Spain, Spanish, Santiago de Compostela
Nicole Cook started the assault, which ended in two others killing Virk. Nicole Cook started the attack by putting a cigarette out on Virk's faceChloe Guidry as Josephine Bell and Lily Gladstone as Cam Bentland in "Under the Bridge." In 2011, she told "Dateline" that she was the ringleader of the attack, which she started by putting out her cigarette on Virk's face. In the 2017 Vice article about the murder, Godfrey also claimed Virk told several boys that Cook had AIDs. The Shoreline Six were charged with assaultViritka Gupta as Reena Virk in "Under the Bridge."
Persons: Virk, Nicole Cook, , Rebecca Godfrey, Riley Keough, Reena Virk, Viritka Gupta, Warren Glowatski, Javon Walton, Kelly Ellard, Izzy G, Nicole Patterson, Courtney Keith, Gail Ooms, Missy Grace Pleich, Chloe Guidry, Josephine Bell, Lily Gladstone, Cam Bentland, Darko Sikman, Cook —, Cook, Godfrey, Patterson, Keith, I'm, it's, Pleich Organizations: Service, Hulu, Vancouver Sun Locations: Saanich, British Columbia, Victoria, Hulu, Ellard, Vancouver
Carlos Sainz of Ferrari during second practice ahead of the Formula 1 Las Vegas Grand Prix at Las Vegas Strip Circuit in Las Vegas, United States on November 17, 2023. Proponents of the "Netflix effect" often point to a poll taken in 2022 which found 28% of American adults considered themselves to be F1 fans, with more than half crediting "Drive to Survive." If this were true it would mean there were an incredible 72 million F1 fans in the U.S. alone. This argument runs out of road slightly however, when you consider that only 2 million Americans tuned in to watch the 2023 Miami Grand Prix. Today, F1 fans are estimated to be around 40% female, up from just 8% in 2017, as well as significantly more culturally diverse.
Persons: Carlos Sainz, Ferrari, Jakub Porzycki, Nielsen, it's, Toni Cowan, Brown, Cowan, Zak Brown, McLaren, It's, Buzz Radar, TJ Adeshola, Aston Martin, McLaren Unboxed, Lando Norris, Oscar Piastri, Thaier Organizations: Las Vegas, Nurphoto, Netflix, ESPN, IndyCar, NASCAR, Prix, Miami Grand Prix, CNBC, North, Anp, Getty, YouTube, Liberty Media, Aston, Aston Martin Racing, Buzz, Formula, sudani Locations: Las Vegas, United States, U.S, North America, North American, Nevada, Aston Martin, Australia, Bahrain
Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies' long-term prospects. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Despite Netflix's growth investments, the analyst expects an improvement in operating margin this year and beyond. Looking ahead, the analyst is positive about the company's ability to maintain annual revenue growth in the mid-teens, along with a very capital-efficient growth model.
Persons: Brian Pitz, Pitz, TipRanks, Goldman Sachs, Mark Delaney, Delaney, Baird, David Tarantino, Tarantino Organizations: Netflix Netflix, BMO Capital, Netflix, CTV, General Motors, EV, TAM, U.S Locations: U.S, Canada, North America
Netflix's "Baby Reindeer," tells the story of a male comedian whom an older woman stalked. AdvertisementA woman who believes the stalker character in Netflix's latest hit series "Baby Reindeer" is based on her has said she is considering taking legal action against the Netflix show. She has alleged that she has received "death threats and abuse from Richard Gadd supporters." Richard Gadd as Donny Dunn in "Baby Reindeer." NetflixFollowing its release in mid-April, "Baby Reindeer" has become a surprise hit for Netflix, having risen to No.
Persons: Richard Gadd, , Gadd, Martha Scott, Jessica Gunning, sleuths, Tom Goodman, Hill, Ed Miller, Martha, He's, Donny Dunn, Matha, What's Organizations: Service, Netflix, Daily Mail, Scottish, Mail
Icon of the Seas and Wonder of the Seas are Royal Caribbean's newest and largest cruise ships. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Or, in the case of Royal Caribbean's two largest and newest cruise ships, the cash could mean the difference between a cheap but functional balcony cabin and, ironically, a more expensive but less comfortable one. This story is available exclusively to Business Insider subscribers.
Persons: , Royal Organizations: Service, Business Locations: Royal Caribbean's
"Dead Boy Detectives" follows two deceased boys solving supernatural incidents in the mortal realm. Creator Neil Gaiman said he has no particular interest in creating a larger 'Sandman' universe. Kirby Howell-Baptiste as Death in "Dead Boy Detectives." NetflixNetflix did want it, on the condition that it would have to tie into the "Sandman" universe, Gaiman said. Advertisement"The Sandman" and "Dead Boy Detectives" technically aren't the only series that live under the "Sandman" umbrella.
Persons: HBO Max, Neil Gaiman, , Neil Gaiman's, Steve Yockey, George Rexstrew, Jayden Revri, Edwin Paine, Charles Rowland, Death, Max, Gaiman, I'm, Kirby Howell, Baptiste, Fox, he's Organizations: HBO, Netflix, Service, DC, Warner Bros, Hollywood, Netflix Netflix Locations: New York
But did you know that Netflix's "Stranger Things" was originally called "Montauk," named after the real-life New York town that's at the center of multiple conspiracy theories? Since its debut in 2016, "Stranger Things" has become a phenomenon, spawning millions of dollars in merch, tie-in novels and comics, a stage adaptation, mobile games, a tabletop game, and more. AdvertisementToday, it's possible to visit Camp Hero, which opened to the public as a state park in 2002. I came away from my visit last summer understanding where the Duffer brothers, who created "Stranger Things," got their inspiration. Camp Hero would certainly be on my list of the creepiest places I've visited.
Persons: , Preston Nichols, who'd, Hero —, Camp, I've Organizations: Service, Business, Camp, Montauk Air Force Locations: Hawkins , Indiana, New York, Montauk
Richard Gadd based "Baby Reindeer" on his experience of being stalked and sexually abused. Donny is stalked by an older woman named Martha Scott (played by Jessica Gunning), who is based on Gadd's real stalker. For legal reasons, Gadd hasn't revealed the real identity of his stalker, or the writer Darrien was based on. Gadd told GQ that he purposely concealed the identity of the real Martha within the series. He also told Variety that "due to where things ended in real life," he wasn't concerned about his real stalker attempting to contact him because of the show's popularity.
Persons: Richard Gadd, Gadd, , Donny Dunn, Donny, Martha Scott, Jessica Gunning, Darrien, Tom Goodman, Hill, Gadd hasn't, hasn't, Sean Foley, That's, Instagram Sean Foley, Foley, Martha, " Gadd, GQ, What's Organizations: Service, Police Locations: British
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney+ is 'quarters away from meaningful profitability,' says Morgan Stanley's SwinburneBen Swinburne, head of U.S. media research at Morgan Stanley, joins CNBC's 'The Exchange' to discuss the earnings impact of Netflix's password-sharing crackdown, what's next for streaming, and more.
Persons: Morgan Stanley's Swinburne Ben Swinburne, Morgan Stanley, what's
Insider Today: Bad times for big cities
  + stars: | 2024-04-21 | by ( Matt Turner | ) www.businessinsider.com   time to read: +4 min
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Wall Street balked. Aslan Alphan/Getty, Tyler Le/BIThis week's dispatchNetflix's Wall Street worryAdvertisementNetflix announced last week that it had added 9.33 million subscribers in the first three months of the year, far surpassing Wall Street expectations. Wall Street did not react well to the news, sending the stock lower. How Reddit took over Google.
Persons: , Aslan Alphan, Tyler Le, What's, Rebecca Zisser, Reddit, Abrice Cofrini, — Pam Organizations: Business, Service, Netflix, Wall, Google, Getty Images, BI, McKinsey, AP, Microsoft Locations: Russia, Mexico, San Francisco, Boston, AFP
Insider Today: Skip the supplements
  + stars: | 2024-04-20 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The singer's rollout strategy for "The Tortured Poets Department" — releasing zero singles and barely promoting — is a true power move. Bernadette RankinThis week's dispatchGet into destination dupesAre you sick of high prices to travel to your favorite destination across the pond? AdvertisementAccording to Expedia, one of the biggest trends of 2024 is destination dupes — places where you can travel for way less. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , Taylor, Bernadette Rankin, Expedia, That's, Graham Denholm, Chelsea Jia Feng, Taylor Swift, Amy Sussman, WireImage, Alex Garland, Garland, Michael Pollan, Tabitha Soren, subjug, Tyler Le, Broccoli, Carl Juste, Rebecca Zisser, Birkin, Robert Durst, Riley Keough, Lily Gladstone fictionalizes, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Department, Business, Boeing, Danish, Mount, Rights Management, Chelsea, Poets Department, Defense, Food, Miami Herald, Tribune, Getty, Augusta National Golf, Hulu Locations: California, Copenhagen, Netherlands, Mount Vernon , Washington, Paris, New York City, New York
If you work for Reed Hastings, you'd better be ready to express your dissatisfaction. Good leaders seek out critical feedback whenever possible, the Netflix co-founder and chairman recently told entrepreneur Tim Ferriss' podcast, "The Tim Ferriss Show." "Because it's difficult, emotionally, in most companies to disagree with your manager, we call it farming for dissent," he added. "We have managers do things like [ask]: 'What are three things you would do differently if you were in my job?'" The strategies that didn't work served as learning opportunities, he added.
Persons: Reed Hastings, you'd, Tim Ferriss, Hastings, he'd Organizations: Netflix
Don't overlook Netflix's future stake in the artificial intelligence race, according to Needham. Analyst Laura Martin upgraded the streaming stock to buy from hold, saying its "tech-first culture" makes it one of the best-positioned streamers to benefit from the transition to AI. The upgrade from Needham comes on the heels of the media company's first-quarter earnings report. Netflix surpassed earnings expectations and said it will stop disclosing quarterly subscriber numbers and average revenue per membership next year. NFLX YTD mountain Shares this year Martin also lifted the firm's price target to $700 a share, suggesting that shares can rally another 15% from Thursday's close.
Persons: Needham, Laura Martin, Martin Organizations: Netflix Locations: Thursday's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's subscriber reporting change doesn't change their growth trajectory: Jessica Reif EhrlichJessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to break down Netflix's quarterly earnings results, why the company will stop reporting subscriber numbers in 2025, the streaming landscape at large, impact of the company's crackdown on password sharing, and more.
Persons: Jessica Reif Ehrlich Jessica Reif Ehrlich Organizations: BofA Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix is the 'triple crown winner' in subscribers, profitability and viewer engagement: Tom RogersTom Rogers, Oorbit Gaming executive chairman, Newsweek editor-at-large and former NBC Cable president, joins 'Squawk Box' to discuss Netflix's quarterly earnings results, impact of the company's subscriber reporting change, strength of the streaming business, and more.
Persons: Tom Rogers Tom Rogers Organizations: Netflix, Oorbit Gaming, Newsweek, NBC Cable
Trump's hush-money trial is set to heat up
  + stars: | 2024-04-19 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's newsletter, we're looking at the first week of former President Donald Trump's criminal trial and what's at stake. What's on deck:This story is available exclusively to Business Insider subscribers. AdvertisementFormer President Donald Trump's hush-money trial — the first-ever criminal trial of a former president — got underway this week with jury selection . We did get a preview of Trump's potential defense: " Some accountant " handled the paperwork he's on trial for, Trump told reporters. AdvertisementThe trial is focused on 34 felonies alleging the Trump Organization's business records were falsified to hide other crimes.
Persons: , Donald Trump's, CHARLY TRIBALLEAU, Drew Angerer, Tyler Le, Trump, Stormy Daniels, Daniels, Zelei, Loretta Mester, John Williams, Rebecca Zisser, David Lieb, Sundar Pichai, Demis, Google's, BI's Ben Bergman, Eddie Mulholland, Alyssa Powell, Samsung execs, Taylor Swift's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Getty, Trump, Cleveland Fed, York Fed, , Bank of America, Google, Android, Bankers, Jefferies, Investor Conference, Samsung, Korea Economic, Disney, Warner Bros, American Express, Procter, Gamble, Poets Department Locations: Israeli, Iran, Israel, Florida, Korea, New York, London
Netflix and a popular beauty stock were featured among Friday's biggest analyst calls. Analyst Rob Sanderson initiated coverage of DoorDash with a buy rating and $170 price target, citing strong execution. Alongside the upgrade, Blum downgraded Sunnova Energy to an equal weight rating and slashed his price target to $6 from $11, citing a higher-for-longer rate environment. "Share gains upmarket by Shopify support confidence in the durability of growth against tempered consumer spending expectations," wrote analyst Keith Weiss. The stock has tumbled 11% this year, but could rally 22% based on the firm's adjusted $85 price target.
Persons: Canaccord Genuity, Rob Sanderson, DoorDash, Sanderson, – Samantha Subin, Wolfe, Steven Chubak, BAC's, Chubak, bode, Wells, Michael Blum, Blum, Biden, Samantha Subin, Morgan Stanley, Keith Weiss, Weiss, — Samantha Subin, Canaccord, Maria Ripps, Steven Cahall, Price, Doug Anmuth, Morgan Stanley's Benjamin Swinburne, Jefferies, Ashley Helgans, Helgans, Fred Imbert Organizations: CNBC, Netflix, Friday's, Jefferies, Capital, Industry, Wolfe Research, Bank of America, of America, SCHW, Sunnova Energy, NOVA, Ulta Locations: Wells Fargo, China, Thursday's, Canada
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's quarterly subs performance 'really impressive', says Evercore's Mark MahaneyAdam Crisafulli, Vital Knowledge founder, and Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell Overtime' to talk the day's market action and Netflix earnings.
Persons: Mark Mahaney Adam Crisafulli, Mark Mahaney Organizations: Vital Knowledge, Netflix
Prince Harry and Meghan Markle seem like lovely people. Netflix dropped "Pearl," an animated children's series Meghan created through her and Harry's production company, Archewell Productions, before it even premiered. The audio-streaming company signed a deal with Harry and Meghan in 2020 reportedly worth $20 million. As Michael Pachter, a managing director at Wedbush Securities who's covered movies, entertainment, and tech for two decades, explained, it's because they've still got that $100 million deal. A public breakup with Meghan and Harry may also be a mess Netflix doesn't want to deal with.
Persons: Prince Harry, Meghan Markle, Duke, Duchess, Meghan, Harry, didn't, Michael Pachter, Wedbush Securities who's, they've, Michelle Obama, Ryan Murphy, Shonda, Pachter, there'll, Markle, Harry won't, They're, Jason Bateman, Will Arnett, Sean Hayes, Joe Rogan's, Magic Johnson, Chevy, Reese Witherspoon, LeBron James, Alicia Silverstone, Nicolas Cage, Demi Moore, Gayle King, Charles Barkley, She's, TIG, Emily Stewart Organizations: Netflix, Florida ., Archewell Productions, Street, Spotify, Wedbush Securities, Chevy Chase, Media, Hollywood, CNN, Archewell, Business Locations: Sussex, Florida, Plenty, British
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