Taraji P. Henson to Receive Honorary AARP Purpose Prize

Taraji P. Henson arrives at the 75th Primetime Emmy Awards, Jan. 15, 2024, at the Peacock Theater in Los Angeles. (AP)
Taraji P. Henson arrives at the 75th Primetime Emmy Awards, Jan. 15, 2024, at the Peacock Theater in Los Angeles. (AP)
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Taraji P. Henson to Receive Honorary AARP Purpose Prize

Taraji P. Henson arrives at the 75th Primetime Emmy Awards, Jan. 15, 2024, at the Peacock Theater in Los Angeles. (AP)
Taraji P. Henson arrives at the 75th Primetime Emmy Awards, Jan. 15, 2024, at the Peacock Theater in Los Angeles. (AP)

Taraji P. Henson will receive an honorary AARP Award for eradicating the stigma around mental health within marginalized communities through her foundation that was created in honor of her father.

The organization announced Tuesday that Henson will receive the honorary AARP Purpose Prize during the ceremony on Oct. 1 in Washington, D.C. The Oscar-nominated actor will be recognized for her work through the Boris Lawrence Henson Foundation.

Henson said she is honored by AARP's recognition of her foundation's efforts. She hopes the organization's platform will put a spotlight on mental health and encourage people to be “open about discussing their struggles and ultimately receiving help.”

Henson's foundation, which launched in 2018, honors the legacy of her father, who battled untreated mental health issues after returning from the Vietnam War. The foundation focuses on providing mental health resources and encouraging members of marginalized communities to seek help and support without fear and shame.

The actor said her foundation's mission has been to “eradicate the stigma around mental illness.”

Last year, Henson's foundation partnered with Alabama State University on mental health wellness. She was honored by the Boston-based Ruderman Family Foundation in 2000 for her work to end the stigma around mental illness.

Henson was nominated for an Oscar for 2008’s “The Curious Case of Benjamin Button.” She co-starred in the 2016 film “Hidden Figures,” which followed three African American mathematicians at NASA who played a key role in the early days of the US space program. Henson won a 2016 Golden Globe for her role as Cookie Lyon in television’s “Empire” series.

Seven individuals will be awarded the AARP Purpose Prize, which honors people ages 50 and older who are making a difference through their “knowledge and life experience.” Each of their organizations will receive $50,000.



Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
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Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo

Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
The streaming giant likely added 4 million subscribers in the July-September period, according to analysts' estimates compiled by LSEG. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the US during the quarter, Nielsen data showed, according to Reuters.
As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
"Their focus is to continue to grow subscribers at a healthy clip while also leveraging their scale, ability to raise prices and increase advertising dollars," said Pivotal Research analyst Jeff Wlodarczak.
The company's ad-supported plan has been growing but Netflix does not offer details on the tier's financial performance and does not expect it to become a primary driver of growth until 2026.
This has raised some concerns about its growth trajectory.
"They're making less than a billion dollars a year in the US on advertising, saying that doesn't make them look good," eMarketer television and streaming analyst Ross Benes said.
Some analysts have said the company needs to raise prices and phase out more of its ad free plans to nudge customers towards the tier with commercials as it usually brings in more revenue per user.
The company said in July last year it would stop offering the $9.99 a month basic plan without commercials to new users in the US and the UK, and phase it out for existing subscribers.
Netflix charges $6.99 per month in the US for the ad tier, while its standard plan without commercials is priced at $15.49 a month.
It has not raised the price of its standard plan since early 2022, while its ad-supported tier has been priced the same since its launch in late 2022.
The company, which operates in more than 190 countries, is expected to report ad revenue of $242.7 million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3%, a slightly slower pace than the previous three months, to $9.76 billion.
To attract more advertisers, the streamer is focusing on live events including sports. Netflix will air the highly anticipated Jake Paul vs. Mike Tyson boxing fight in November, followed by its first NFL games in December.
The second season of hit South Korean drama series "Squid Game,” expected to release in December, could help the company draw subscribers in the last quarter of the year.
Netflix stock has risen 12.4% since it reported second-quarter results in July, compared with a 5% rise in the S&P 500 index.