International Insider: Oscars Preview; Tinopolis Revolt; Netflix Earnings; Super League Saga

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Howdie International Insider readers, Jake Kanter with you. Why don’t you join me in taking a moment to reflect on the week that was? And, as always, my inbox is open for feedback and stories…

: It’s a row that has become as volcanic as Gordon Ramsay in the kitchen afterstudio Tinopolis wrote off £50 million in IOUs promised to producers when it acquired their companies. The British super-producer says the financial restructuring is necessary to keep its head above water after it was ravaged by the pandemic. Furious former producers, who have unusually gone on the record to articulate their anger, say coronavirus has been a useful smokescreen for wiping out the debt.

: The coronavirus crisis gaveth to Netflix, but also taketh away. That’s probably the simplest way to explain why the streaming giant fell two million short of its target of having 210M subscribers by the end of the first quarter of 2021. While new members flocked to the streamer in lockdown and gorged on its offerings, Netflix’s pipeline of new content has started to run a little dry in the opening months of the year due to widespread production shutdowns.

 

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