About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Netflix Planning to Release 70 Original Films in 2021” – below is their description.
Netflix Inc. will release 70 original movies in 2021, the company said in a statement Tuesday, touting the streaming service’s most ambitious slate yet as the theatrical movie business remains stuck in limbo.
Netflix’s lineup of movies includes one of its most expensive to date, “Red Notice,” an action movie starring Dwayne Johnson, Ryan Reynolds and Gal Gadot, as well as sequels to its hit romantic comedies “The Kissing Booth” and “To All the Boys I’ve Loved Before.” The streaming service has also commissioned more than a dozen dramas, including the directorial debut of Halle Berry and a feature starring Leonardo DiCaprio and Jennifer Lawrence.
Once a naughty word among filmmakers loyal to movie theaters, Netflix is now one of the few reliable studios in town. Netflix is increasing its output as theaters remain closed in much of the world. The pandemic has made it hard for rival studios to release their projects, and many of them have delayed most of their top titles until more theaters are open.
Netflix took advantage in 2020, releasing new movies from directors Spike Lee, George Clooney and Gina Prince-Bythewood to entertain people stuck at home. It also acquired several movies from studios that were unable to use theaters.
The streaming service has scaled up its operations over the past few years under film chief Scott Stuber, adding action movies “Extraction,” “The Old Guard” and “Spenser Confidential” to its crop of Oscar-winning dramas, documentaries and romantic comedies. Netflix will release movies in almost every genre in 2021, including action, horror, comedy, thriller, drama, western and animation.
“With this big of a global audience, there’s a great appetite for film,” Stuber said in an interview. “I’m excited about the diversity of what the teams are doing.”
Stuber’s team is overseeing a slate of 52 live-action movies in English and a further 10 in foreign languages. Netflix will also release eight animated movies in 2021. The 70-film tally doesn’t include documentaries.
Netflix shares were little changed just under $500 in New York trading Tuesday, giving the company a market capitalization of about $220 billion. The stock rose 67% last year, outpacing the Nasdaq 100 and S&P 500 indexes.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Dwayne Johnson
Dwayne “The Rock” Johnson is a former wrestler who has become a household name after starring in a succession of hit movies.
6 Recent Items: Dwayne Johnson
In This Story: Gal Gadot
Gal Gadot (born 30 April 1985) is an Israeli actress, producer, and model. At age 18, she was crowned Miss Israel 2004. She then served two years in the Israel Defense Forces as a fitness/combat readiness instructor, after which she began studying law and international relations at IDC Herzliya college while building her modelling and acting careers.
Gadot’s first international film role came as Gisele Yashar in Fast & Furious (2009), a role she reprised in subsequent installments of the film franchise. She went on to gain worldwide recognition for portraying Diana Prince / Wonder Woman in the DC Extended Universe, beginning with Batman v Superman: Dawn of Justice (2016), followed by the solo film Wonder Woman and the ensemble Justice League (both 2017). In 2018, Time magazine named Gadot one of the 100 most influential people in the world, and she was ranked among the world’s highest-paid actresses.
5 Recent Items: Gal Gadot
In This Story: George Clooney
George Clooney is an American actor, film director, producer, screenwriter and philanthropist. He is the recipient of three Golden Globe Awards and two Academy Awards, one for acting in Syriana and the other for co-producing Argo.
3 Recent Items: George Clooney
In This Story: Jennifer Lawrence
Jennifer Shrader Lawrence is an American actress. The films she has acted in have grossed over $6 billion worldwide, and she was the highest-paid actress in the world in 2015 and 2016.
She is perhaps best known for her appearances in The Hunger Games series of movies.
2 Recent Items: Jennifer Lawrence
In This Story: Leonardo DiCaprio
Leonardo Wilhelm DiCaprio is an American actor, producer, and environmentalist. He has often played unconventional roles, particularly in biopics and period films. As of 2019, his films have grossed US$7.2 billion worldwide, and he has placed eight times in annual rankings of the highest-paid actors in the world.
In the early 1990s, he played recurring roles in various television series, such as the sitcom Parenthood. He had his first major film role in This Boy’s Life (1993) and received acclaim for his supporting role as a developmentally disabled boy in What’s Eating Gilbert Grape (1993). He achieved international stardom in the epic romance Titanic (1997), which became the highest-grossing film to that point. After a few commercially unsuccessful films, DiCaprio starred in two successful features in 2002: the biographical crime drama Catch Me If You Can and the historical drama Gangs of New York.
DiCaprio portrayed Howard Hughes in The Aviator (2004) and continued to receive acclaim for his performances in the political thriller Blood Diamond (2006), the crime drama The Departed (2006), and the romantic drama Revolutionary Road (2008). In the 2010s, he starred in the science fiction thriller Inception (2010), the western Django Unchained (2012), the biopic The Wolf of Wall Street (2013), the survival drama The Revenant (2015), and the comedy-drama Once Upon a Time in Hollywood (2019), all of which were critical and commercial successes. His accolades include an Academy Award, a BAFTA, and a Golden Globe Award for The Revenant as well as two other Golden Globes for The Aviator and The Wolf of Wall Street.
4 Recent Items: Leonardo DiCaprio
In This Story: Netflix
Netflix, Inc. (NASDAQ: NFLX) is an American technology and media services provider and production company headquartered in Los Gatos, California. Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California.
6 Recent Items: Netflix
In This Story: S&P
S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.