Netflix to Publish Magazine as It Chases Hollywood Awards
(Bloomberg) -- Netflix Inc. is planning its first magazine, but you won't find it on a newsstand.
The world's largest online TV network plans to publish a journal -- with the working title Wide -- to promote its programs and stars ahead of this year's Emmys, the biggest awards gala in TV. The 100-plus page inaugural issue will include interviews, essays and features about and by people who work on Netflix series, according to emails reviewed by Bloomberg.
The free publication will help Netflix highlight particular shows and talent from its ever-growing lineup within the Hollywood community. The company released about 700 programs last year, spanning movies, TV series, documentaries, standup comedy specials and animation.
Netflix has spent hundreds of millions of dollars in pursuit of Hollywood awards, which help burnish the image of the streaming service's still-young studio in the eyes of consumers and the entertainment industry. Last year, the company tapped veteran publicist Lisa Taback to oversee its awards operation, and recently hired Krista Smith, an editor from the magazine Vanity Fair, to assist.
“In preparation for a groundbreaking year in film and television, Netflix has gathered some of the most talented and sought after writers and photographers, thinkers and creatives, to make the inaugural issue of Wide, the Netflix print journal,” Netflix wrote in one email.
Emmy Voting
The company aims to distribute the publication in June, when members of the television academy vote on Emmy nominations. Netflix has asked collaborators to participate in photo shoots and interviews.
But the publication isn't only about awards. Netflix is testing different ways to promote upcoming titles to people in the industry and will distribute the publication at events it stages. Last year, the company took over a building in Los Angeles for a month, hosting screenings and parties.
Started as a DVD-by-mail service in Los Gatos, California, Netflix has blossomed into one of the world's largest media companies, with a market value and production slate to match. While Netflix still employs a corps of engineers in Silicon Valley, it is shedding its reputation as an entertainment outsider and is courting film and TV's biggest stars.
The company operates a studio in the heart of Hollywood that includes multiple sound stages and an animation hub, and has opened production facilities in New Mexico and Spain. Netflix also is in talks to buy a historic Hollywood movie theater for premieres and other events.
Sea of Shows
Critics of Netflix say shows get lost amid the volume of new programs released each week, and that talent isn't nurtured at Netflix the way it is at other studios. The company is sensitive to those claims, and has hosted agents and talent to explain why its processes differ other companies.
Criticism aside, the results have been good. The streaming service is nearing 150 million customers worldwide, and earned the most Emmy nominations of any network last year, edging out longtime leader HBO. It has yet to capture any of the top three prizes -- best drama series, best comedy series, and best limited series or movie.
To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.net
To contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob Golum
©2019 Bloomberg L.P.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.