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2 Reasons Why Netflix Could Face Tougher Times Ahead

Netflix (NASDAQ: NFLX) announced its loss of 970,000 subscribers in the second quarter of 2022 after projecting a loss of 2 million. On July 19, Netflix co-CEO Reed Hastings discussed the company's positive second-quarter results in an earnings call, attributing much of its improved subscriber losses to its content -- thanking one show in particular. The executive said, "If there was a single thing, we might say Stranger Things." Read More...

Yahoo Entertainment

Ice-T was shocked to find out that the music industry ‘is all fake’

On The Late Show With Stephen Colbert Wednesday, rapper and longtime Law & Order SVU actor Ice-T reflected on what surprised him when he first got into the music industry in the mid ‘80s. The main shock was that musicians weren’t actually living the lives they portrayed in their videos. “The biggest thing that surprised me about music is you could lie. I mean, I was watching music videos, I’m like, ‘Oh, that’s their house. That’s their car. That’s their girl.’ Then when I got in there, like, oh, you can rent a car. MTV Cribs, ‘You don’t have to have this house, we’ll put you in a house that’s not yours.’ I’m like, this is all fake, you know. And I didn’t know that. And when I got in there, you know, I always had to use my own cars.” Ice-T pointed to the cover of his 1988 album, Power, as proof that he was keeping it real. “That’s my girl,” Ice-T said, pointing to the album Colbert was holding. “That’s my son’s mom, Darlene, those are my guns, and that was my life at that time, you know? And, hey, I didn’t know you could lie. I was like, what?” And he went on to reveal other ways in which musicians embellish their lifestyles in music videos. “They’ll come and put jewelry on you for the video, and then take it back,” Ice-T said. “Or you got all the girls in the jacuzzi, and their boyfriends are sitting right out of frame, waiting on them, like…So I was coming from a real world, Steve. I didn’t know about this. Show business is so fake.”

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