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How Netflixs Georgia Boycott, Threatened By Obama Fundraiser Exec, Could Hurt Their Business

10:58 PM 05/29/2019 | Entertainment

J. Arthur Bloom | Deputy Editor

Ted Sarandos, the Netflix chi..

J. Arthur Bloom | Deputy Editor

Ted Sarandos, the Netflix chief content officer who threatened to pull the companys business out of Georgia if their new abortion law takes effect, is an Obama bundler whose generous fundraising for the 44th president bought his wife an ambassadorship. If the troubled company were to follow through on the threat, it stands to lose tens of millions in tax incentives offered by the state, which the company can ill-afford to leave on the table.

“Given the legislation has not yet been implemented, well continue to film there, while also supporting partners and artists who choose not to,” Sarandos said in a statement. “Should it ever come into effect, wed rethink our entire investment in Georgia.”

Sarandos wife was appointed ambassador to the Bahamas in 2009 and resigned in November 2011. An inspector generals report said her tenure was marked by “an extended period of dysfunctional leadership and mismanagement, which has caused problems throughout the embassy.” She was absent from her post an average of 12 days per month, according to the IG report.

The close relationship of the Sarandos family and the Obamas was likely decisive in the former presidents production company deciding to work with Netflix to release a series of documentaries, as reported by the Associated Press last month. (RELATED: Netflixs New The Society Is A Fascinating Look At Anarchy)

LOS ANGELES, CALIFORNIA – MAY 23: Netflix Chief Content Officer Ted Sarandos, David Letterman and Zach Galifianakis attend the Netflix FYSEE David Letterman ATAS Official at Raleigh Studios on May 23, 2019 in Los Angeles, California. (Photo by Emma McIntyre/Getty Images for Netflix)

Netflix has a cash flow problem, due to the low price of subscriptions and the high cost of producing the original content that has put the company on the map as a producer, not just a distributor, of video content. In an attempt to head off the problem, they announced in January that they were raising the price of a basic subscription by two dollars, in response to several months of slow revenue growth. To say the least, the company is not in a position to be turning down lucrative tax incentives.

Sarandos, as head of content at the company, has also been pushing original material. According to CNBC the company intends to spend $10 billion on original content in 2019. To finance expensive production, Netflix went to the debt markets for the second time in six months this April, planning to issue $2 billion in bonds. The companys debt-to-equity ratio has risen considerably in the last two years, making some investors nervous. Its hard to see how doubling down on wokeness is going to improve that situation.

Pulling out of Georgia in a bid for pro-choice respectability could do real damage to Netflixs business model, which is already being squeezed in a few different directions. Disney plans to launch its own streaming service in November, which will compete directly with Netflix, and has pulled its content from the platform. AT&T/Time Warner is expected to launch a streaming service soon as well, which would mean their content could be pulled from the service as well. These looming threats mean Netflix has to continue adding members, and producing original content, or risk losing market share to its more established rivals.

HOLLYWOOD, CALIFORNIA – FEBRUARY 12: Ted Sarandos and Ellen Page attend the after party for the premiere of Netflixs “The Umbrella Academy” on February 12, 2019 in Hollywood, California. (Photo by Rich Fury/Getty Images)

Some of Netflixs original content has already been produced in Georgia, such as the hit “Stranger Things.” Atlanta has rapidly become the Hollywood of the South since the introduction of substantial public incentives for production that were introduced in 2002. Chief among these is a tax credit worth 20 percent of the production cost, that can be upped to 30 percent with the approval of Georgia Entertainment Promotion.

Stranger Things first season, coming in at eight episodes that cost $6 million a piece, Read More – Source

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Kim Kardashian ‘wasn’t planning on’ a relationship with Pete Davidson

Kim Kardashian did not see loe coming with Pete Davidson.

In a conversation for Hoda Kotb’s “Making Space” podcast, Kardashian explained that she’d been single for about 10 months before she was ready to date again.
“I think that, you know, sometimes things happen when you just least expect it. It was the last thing that I was really planning on,” she said, “And so when it did happen, we were kind of, like, ‘Oh, my God, I wasn’t planning on this. And this isn’t even what I was thinking of,’ and it just makes it that much sweeter and so much more fun.”
In February 2021, Kardashian filed for divorce from Kanye West.
Kardashian and Davidson appeared in a “Saturday Night Live” sketch together last fall where they shared a kiss. They became Instagram official in March.
“I definitely took my time,” Kardashian said. “I took, you know, 10 months or something before I dated or talked to anyone. And I just wanted that time to really figure out and go through the motions: ‘Am I making the right decision? How do I feel about this?’ So once I went through all of the motions, I finally was, like, ‘OK, guys, I am so ready to meet someone.’ And I randomly did.”
Despite their very public relationship. Kardashian says she is keeping some aspects of her time with Davidson private.
“I do think that I am holding, you know, a little bit more close to my heart on certain aspects of my relationship with Pete, and it feels good just to know that, like, we have this connection and we have our little bubble of a relationship world that we live in that, like, not a lot of people know about,” she said.
For now, Kardashian said just being with Davidson puts a smile on her face.
“We were driving in the car yesterday and I just, like, looked at him and I was like, ‘Thank you.’ And he was like, ‘What?’ And I was like, ‘For running errands with me, like, this is so much fun just to, like, go to a doctor’s appointment or go to the dentist and just, like, run errands. I’m having so much fun.'”
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007 film must treat Bond girls properly, says Waller-Bridge

Fast cars, martinis and Bond girls are core parts of the formula for 007 films, but one of those ele..

Fast cars, martinis and Bond girls are core parts of the formula for 007 films, but one of those elements is set for a change in the latest adventure.

Fleabag creator Phoebe Waller-Bridge, who is working on the script for the 25th Bond film, is on a mission to make sure the movie will "treat women properly" – even if the spy does not.

Image: Cast members (l-r): Lea Seydoux, Ana de Armas, Naomie Harris and Lashana Lynch at the launch of the new Bond film

Ahead of the release of the as-yet-untitled film, Waller-Bridge told Deadline: "There's been a lot of talk about whether or not (the Bond franchise) is relevant now because of who he is and the way he treats women.

"I think that's b*******. I think he's absolutely relevant now. It has just got to grow.

"It has just got to evolve, and the important thing is that the film treats the women properly.


"He doesn't have to. He needs to be true to this character."

Sean Connery and Mie Hama in You Only Live Twice, 1967
Image: The Bond films have been criticised for their sexism
Dr No turned Sean Connery into an international superstar
Image: Dr No featured the famous scene with Ursula Andress walking out of the sea in a white bikini

Waller-Bridge says she intends to ensure the female characters, including those played by Lashana Lynch, Lea Seydoux and Ana de Armas, feel "like real people ".

More from Phoebe Waller-bridge

She added: "I just want to make sure that when they get those pages through, that Lashana, Lea and Ana open them and go, 'I can't wait to do that'.

"As an actrRead More – Source (more…)

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Sir Elton hits out at Russia for ‘cruel’ Rocketman censorship

Sir Elton John has criticised Russian censors for cutting gay sex scenes from the hit musical biopic..

Sir Elton John has criticised Russian censors for cutting gay sex scenes from the hit musical biopic Rocketman.

The critically acclaimed film charts the British singer's rise to fame, and its scenes of kissing and sex between men, as well as drug use, contributed to it earning a 15 certificate in the UK.

But in a bid to play down the sexuality of Sir Elton, played by actor Taron Egerton, for a conservative Russian audience, an estimated five minutes of footage was reportedly removed ahead of its debut in Moscow.

Taron Egerton on Sir Elton: 'I adore him'

The Moscow Times quoted a Russian film critic who had seen the film at its world premiere in Cannes on 16 May as saying "all scenes with kissing, sex and oral sex between men have been cut", as well as a photo displayed during the end credits featuring Sir Elton and his husband David Furnish.

Sir Elton, 72, a prominent gay rights campaigner, released a joint statement with the makers of the film to accuse censors of being "cruelly unaccepting of the love between two people".


"We reject in the strongest possible terms the decision to pander to local laws and censor Rocketman for the Russian market, a move we were unaware of until today," they said.

"That the local distributor has edited out certain scenes, denying the audience the opportunity to see the film as it was intended, is a sad reflection of the divided world we still live in and how it can still be so cruelly unaccepting of the love between two people.

More from Elton John

"We believe in building bridges and open dialogue, and will continue to pushRead More – Source

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