This is Bill Simmons. I am thrilled to announce our newest YouTube channel. It's called

Ringer Movies. If you're a fan of our movie coverage here at the Ringer, then you're in luck,

because every episode of The Rewatchables and the Big Picture, now on YouTube.

Like Bill said, Ringer Movies will feature full episodes of my show, The Big Picture,

the Rewatchables, as well as special live episodes, deep dives into movie history,

and a bunch of other fun stuff featuring other movie-loving Ringer personalities.

Search Ringer movies on YouTube and Experience the Joy, Chris Ryan impersonating Wayne Jenkins on camera.

It is Monday, July 22nd.

Netflix revealed its second quarter earnings last week, and overall, the numbers were pretty good.

They added 8 million subscribers.

They're up to 280 million worldwide.

Thank you, password sharing crackdown.

And they grew profits to more than $2 billion in the quarter.

Streaming may be a really tough business overall, but Netflix is now a very profitable business,

and streaming is really their only business. Despite that, the stock price was initially down a little,

though it's since recovered, and that's because the guidance that Netflix gave suggests that those strong numbers might weaken a little later this year and into the next. And that's because the guidance that Netflix gave suggests that those strong numbers

might weaken a little later this year and into the next. And it's also because the numbers on

Netflix's advertising tiers were just okay, not spectacular. Greg Peters, the co-CEO, he said that

ad tier signups were up 34% quarter on quarter, that it now accounts for 45% of all new signups in markets

where the ad tier is available.

That's signups, but analysts estimate that Netflix generated just under $800 million

in ad-supported revenue for the first half of this year, which is only about 4% of the

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