Netflix co-CEO Ted Sarandos explains why award shows and premieres are vital for keeping Los Angeles' 'diverse workforce employed' amid the wildfires.

“When you’re going to ask for a price increase, you better make sure you have the goods and the engagement to back it up,” Netflix’s co-CEO Ted Sarandos insisted at a conference. The company has invested over $17 billion in content creation for 2024 alone.

The Oscar nominations are out after being delayed by the California wildfires, and the musical crime thriller "Emilia Pérez" leads the field.

The streaming service Netflix says it is raising prices again with plans to-reinvest back into programming, according to the company.

Meghan Markle reportedly pushed back episodes of her podcast after delaying her Netflix show. "With Love, Meghan" will now premiere in March.

Actors Rachel Sennott and Bowen Yang announced the nominees for the 97th Academy Awards. Jacques Audiard’s “Emilia Pérez,” the Netflix narco-musical about transgender identity, dominated the list with 13 nominations.

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Emilia Pérez raked in the most nominations Thursday morning, followed by The Brutalist and Wicked. The Academy Awards are scheduled for Sunday, March 2.

Netflix announced the postponement on 15 January, stating that the decision was made "at the request of Meghan" and described the show as a "heartfelt tribute to the beauty of Southern California."

Only three films — “All About Eve,” “Titanic” and “La La Land” — have scored more nominations in Academy Awards history. This year, “Emilia Pérez,” a Spanish language, French-made film, dominated the nominations with a leading 13. The Oscars will take place on March 2 at the Dolby Theater.