Netflix may have brought back the reboot, but now the streaming service seems to be leaving that strategy behind.
“It’s funny because Netflix really did start the trend with ‘Fuller House,’ the continuation of the 90s sitcom from ABC,” Michael O'Connell, reporter at Hollywood Reporter, told Cheddar.
“But now it seems that Netflix is kind of shying away from this. They don’t want to be in the business of saving shows or working with other people’s intellectual property. They want to do their own thing.”
That seems apparent from recent reports, which say Netflix plans to roll out 700 original movies and shows this year, according to Variety. Eighty international productions are also on the docket. The company will spend up to $8 billion to fund these projects this year.
CFO David Wells said the push is meant to expand the company’s subscriber base. In its last earnings report, Netflix said it hit nearly 118 million paying users, more than half of whom are overseas.
For the full interview, [click here](https://cheddar.com/videos/hollywoods-reboot-revolution).
The highly-anticipated trailer for Grand Theft Auto VI is out earlier than expected.
AT&T announced a new partnership with Swedish communications company Ericsson.
Hackers accessed the personal data of 6.9 million users via the genetic testing company 23andMe.
Stocks fell after the opening bell on Tuesday morning as signs pointed to another losing session.
Bitcoin is once again having a moment. On Monday, the world's largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.
Tree farmers are raising prices for Christmas trees.
Analysis shows smaller businesses are hiring more people.
Applying for financial aid for college is a long process but there's a new streamlined application for federal student aid. Mark Kantrowitz, student loan expert, joined Cheddar News to explain the FAFSA form and what kind of changes are expected.
With all of the stress surrounding the holiday season with gift-buying and planning family gatherings, it could be a chaotic time for all members of your family, including pets. Cesar Milan and Michael Ehrman, co-founders of Halo Collar, joined Cheddar News to provide tips on how to keep your pets stress-free for the upcoming holiday season.
Going home for the holidays can be pretty expensive, especially if you're a student. Cheddar News senior reporter Michelle Castillo provided tips on how to save ahead of the holiday season.
