Netflix Shares Jump 8% on Q4 Earnings, LA Times Lays Off 115 Staffers and Oscars Snub Greta Gerwig and Margot Robbie

Plus: Oscar nominations released, Chiefs vs Bills breaks viewer record and Time magazine cuts staff companywide [Netflix Earnings]( [Netflix Stock Jumps 8% as Paid Sharing, Pricing Changes Drive Q4 Revenue Beat]( By Lucas Manfredi Netflix shares jumped over 8% in after-hours trading on Tuesday after the streamer reported higher-than-expected revenue for the fourth quarter of 2023, driven by its paid-sharing initiative and recent pricing changes. Here are the top-line results: [Read More]( --------------------------------------------------------------- [The Los Angeles Times building]( [Los Angeles Times Lays Off 115 Journalists, Decimating Newsroom]( By Natalie Korach The Los Angeles Times started the process of laying off 115 staffers from its newsroom on Tuesday, reducing the editorial staff by more than 20 percent. Those laid off included Washington bureau chief Kimbriell Kelly, deputy Washington bureau chief Nick Baumann, business editor Jeff Bercovici, books editor Boris Kachka, and music editor Craig Marks, according to the LA Times’ own reporting [Read More]( --------------------------------------------------------------- [barbie-greta-gerwig-margot-robbie]( [Greta Gerwig and Margot Robbie's 'Barbie' Oscar Snubs Spark Online Outrage: 'Completely Proving the Point of the Movie']( By Andi Ortiz “Barbie” pulled in a whopping eight Oscar nominations on Tuesday morning, but there were two categories noticeably missing from that list. Both star Margot Robbie and director Greta Gerwig were snubbed by the Academy in the Best Actress and Best Directing categories respectively — and fans are displeased, to say the least. Within moments of the categories being announced, X erupted with outrage. Many immediately pointed to the critical and box office success of the film as proof that the women deserved nods, especially in a year where Hollywood effectively shut down for months. [Read More]( --------------------------------------------------------------- [Oppenheimer]( [Oscar Voters Go Big and Go Weird to Make Sense of a Big, Weird Year]( [Kansas City Chiefs]( ['NFL on CBS' Breaks Record With Chiefs vs Bills Game, Scoring More Than 50 Million Viewers]( [Time Magazine]( [Time Magazine Layoffs Hit Editorial, Tech and Sales Employees in 'Necessary Step' Toward Profitability]( [Behind Scott Stuber's Netflix Exit: A Battle Over Theatrical and Costly Disappointments]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](