Feb 25, 2020 - Economy & Business

Netflix introduces top 10 lists for movies and TV shows

Illustration:Rebecca Zisser/Axios

Netflix said Monday that it will begin putting out daily lists of the top 10 movies and top 10 TV shows in each country.

Why it matters: The company says that the lists will help users "easily see what’s in the zeitgeist," but industry onlookers argue that by releasing the lists, Netflix is undermining its almighty algorithm, which is supposed to surface personalized content recommendations for users.

Be smart: In typical Netflix fashion, the company offered little clarity around what it will be using to determine which shows are "popular."

  • According to Bloomberg, no outside party verified the lists. The lists are based on viewership in the first 28 days after a show was released, and the numbers include "people who watched at least two minutes of a program — rather than all the way through."

Go deeper ... Exclusive: Netflix reveals its 9 government takedown requests

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Netflix creates $100 million emergency fund for coronavirus support

Photo: Filip Radwanski/SOPA Images/LightRocket via Getty Images

Netflix announced on Friday the establishment of a $100 million emergency fund to provide assistance to the creative community, television and film production crews, as the novel coronavirus spreads and wreaks havoc on the global economy.

The state of play: A significant portion of the fund is dedicated to backing Netflix's own production crews around the world. The company has committed to paying its staff and casts for two weeks on already suspended productions.

Go deeperArrowMar 21, 2020 - Health

Trump acknowledges lists of disloyal government officials to oust

Photo: Mandel Ngan/AFP via Getty Images

President Trump on Monday acknowledged the existence of assembled lists of government officials that his administration plans to oust and replace with trusted pro-Trump people, which were first reported by Axios' Jonathan Swan.

What he's saying: “I don’t think it's a big problem. I don’t think it's very many people,” Trump said during a press conference in India, adding he wants “people who are good for the country, loyal to the country.”

Netflix and Apple the latest to pull out of SXSW over coronavirus concerns

The 2019 SXSW Conference at Paramount Theatre, Austin, Texas, March 2019. Photo: Matt Winkelmeyer/Getty Images for SXSW

Netflix is the latest big name to withdraw from this month's South by Southwest festival in Austin, Texas, amid concerns about the spread of the novel coronavirus, the streaming giant confirmed to Axios Wednesday night.

Details: Apple told Axios earlier in the evening that it was withdrawing from the event.

Go deeperArrowUpdated Mar 5, 2020 - Health