Television

Netflix to raise $1B to fund original content

Netflix plans to use some of the cash to acquire content and for possible acquisitions, positioning itself as major U.S. studios halt productions and delay film releases due to the coronavirus-led lockdowns.

Coronavirus forces Universal Studios to shift new movies to home viewing

The coronavirus pandemic has cracked Hollywood's traditional theatrical window. Universal Pictures on Monday said it will make its current and upcoming films available for on-demand rental, becoming the first major studio to turn directly to home viewing in light of the virus.