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Copy of Knight Rider's Talking Car Sold at Hasselhoff Auction

David Hasselhoff poses with a replica of himself built for The SpongeBob SquarePants Movie, during an auction in Beverly Hills, California. (Reuters)
David Hasselhoff poses with a replica of himself built for The SpongeBob SquarePants Movie, during an auction in Beverly Hills, California. (Reuters)
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Copy of Knight Rider's Talking Car Sold at Hasselhoff Auction

David Hasselhoff poses with a replica of himself built for The SpongeBob SquarePants Movie, during an auction in Beverly Hills, California. (Reuters)
David Hasselhoff poses with a replica of himself built for The SpongeBob SquarePants Movie, during an auction in Beverly Hills, California. (Reuters)

A copy of KITT, the talking car from the Knight Rider series and dozens of other memorabilia were sold at David Hasselhoff's auction on Saturday.

The car attracted about 30 bids at an online auction and finally sold for $300,000, according to the auction's website.

The identity of the buyer has not yet been disclosed.

The auctioneer said the fully functional car, which was parked in Britain waiting for a new owner, belonged to Hasselhoff but was not used in the series.

Pieces of clothing and other belongings of Hasselhoff from Baywatch were also among the auctioned memorabilia, most of them sold for several hundreds of dollars.

The dinner offer with the star fetched only $9,000, much less than the expected price of $20,000.

Hasselhoff's fame peaked in the 1980s and 1990s when he starred as a singer in hit TV shows, and was mostly known for his song "Looking for Freedom".

The career of the 68-year-old German actor and singer has faded in the past years.

Hasselhoff promoted "The Hoff" auction on Twitter and Instagram for several weeks. In a video he shared Saturday, he claimed he will allocate a big sum of the auction's revenues for charities.

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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
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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.