Syrian Director Hatem Ali Passes Away at 58 in Cairo

Late Syrian director and actor Hatem Ali - Asharq Al-Awsat
Late Syrian director and actor Hatem Ali - Asharq Al-Awsat
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Syrian Director Hatem Ali Passes Away at 58 in Cairo

Late Syrian director and actor Hatem Ali - Asharq Al-Awsat
Late Syrian director and actor Hatem Ali - Asharq Al-Awsat

Syrian director and actor Hatem Ali, considered by many to have been the “godfather of Syrian drama,” passed away of a heart attack in Cairo on Tuesday.

He was mourned both by pro-government and opposition figures.

Ali, 58, was also known to have been a victim of two forced displacements, once as a refugee fleeing the Golan Heights to Damascus and another time in 2011, when he become a supporter of the protests that had erupted that year.

He has won numerous awards throughout his career, and his works were widely received with critical acclaim and commercial success. But out of the tens of works he has been involved in during his career, he is best known for directing renowned historical dramas such as Salah Al-Din Al Ayyubi, The Palestinian Exodus, Omar, and a quartet about the history of Muslim Andalusia.

Since his 2011 exile, Ali has worked on many projects in Egypt, the latest of which was another historical drama ''Once Upon A Time'', which is now available on Netflix.

He had also been planning on directing another Egyptian work, a movie about Mohmad Ali Pasha, before he passed away.

Thousands of fans and tens of those who he had worked with wrote heartfelt messages mourning his death on social media.

From his place of exile in Paris, Syrian director Haitham Haqqi, with whom Hatem began his career as an actor, mourned his loss on Facebook writing: “Hatem, you broke my heart, my brother, my son, my friend and my colleague, an actor, director, and writer. What grief surrounds our suffering Syria.”

On the other hand, official Syrian regime media outlets merely briefly mention the news.

Syrian Jamal Suleiman, who had collaborated with Ali on several occasions, went to the hotel where Ali suddenly passed away to help with the paperwork needed to transfer the body from to a hospital.

His family has said that he will be buried in Damascus upon his will.



Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)

Netflix shares rose about 3% in premarket trading on Monday as the streaming giant's upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.

The company's co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns.

Peters said they had not seen any significant shifts in customer behavior, after the company reported first-quarter earnings above analysts' expectations on Thursday.

Netflix also reaffirmed its 2025 revenue forecast of between $43.5 billion and $44.5 billion.

These remarks offered some respite to investors who were worried that President Donald Trump's tariff policies could likely lead to a recession, forcing consumers to rein in spending on streaming services.

"Even in a global recession scenario, Netflix is likely to be highly resilient given the price-to-value of the service remains very attractive," said Jeffrey Wlodarczak, an analyst at Pivotal Research Group, who is five-star rated for both estimate accuracy and recommendation performance, as per LSEG data.

"Their advertising business should demonstrate strong growth in any scenario given its nascent state," Wlodarczak said.

The lower-priced, ad-supported tier accounted for 55% of new sign-ups in countries where it is available, Netflix said.

"While advertising is a small portion of the business today, the longer-term prospects are notably robust...while investments in ad-tech capabilities should drive healthy growth for years to come," BofA Global Research analysts said.

Earlier this month, the Wall Street Journal reported that Netflix aims to double revenue from $39 billion in 2024 and earn about $9 billion in global ad sales by 2030.

The company has upped the ante on delivering steady revenue growth as it ceased reporting subscriber data from this year, leaving Wall Street with fewer metrics to gauge its health.

Peers Walt Disney and Warner Bros Discovery shares were down under 1% each in premarket trading.

At least seven brokerages raised price target for Netflix following its results, bringing the median target to $1,147.50, according to data compiled by LSEG.