'Chariots of Fire' Director Hugh Hudson Dead Aged 86

Spanish actor Antonio Banderas and British film director Hugh Hudson pose during a photocall to promote their latest film "Altamira" in Madrid, Spain March 31, 2016. REUTERS/Sergio Perez
Spanish actor Antonio Banderas and British film director Hugh Hudson pose during a photocall to promote their latest film "Altamira" in Madrid, Spain March 31, 2016. REUTERS/Sergio Perez
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'Chariots of Fire' Director Hugh Hudson Dead Aged 86

Spanish actor Antonio Banderas and British film director Hugh Hudson pose during a photocall to promote their latest film "Altamira" in Madrid, Spain March 31, 2016. REUTERS/Sergio Perez
Spanish actor Antonio Banderas and British film director Hugh Hudson pose during a photocall to promote their latest film "Altamira" in Madrid, Spain March 31, 2016. REUTERS/Sergio Perez

Hugh Hudson, British director of the 1981 hit film "Chariots of Fire", died Friday at the age of 86, his family said.

"Hugh Hudson, 86, beloved husband and father died at Charing Cross Hospital on February 10 2023 after a short illness," his family said in a statement.

Born in August 1936 in London, Hudson had a meteoric rise to success with "Chariots of Fire", which tells the story of two British athletes, including Harold Abrahams, a young Jewish man who was plagued by anti-Semitism in his quest for Olympic gold in 1924.

The film picked up four Oscars, including for best film. It is also remembered for the soundtrack by Greek composer Vangelis, who died last year, AFP reported.

"I am beyond devastated that my great friend Hugh Hudson, who I have known for more than 45 years, has died. 'Chariots of Fire' was one of the greatest experiences of my professional life," said British actor Nigel Havers, one of the stars of the iconic film.

The British Film Institute said "Chariots of Fire" became "one of the decade's most controversial British films" due to its perception as a "radical indictment of establishment snobbery".

In a 2012 interview with the Guardian newspaper, Hudson said he thought film producer David Putnam had chosen him to direct the film "because he sensed I'd relate to the themes of class and racial prejudice.

"I'd been sent to Eton because my family had gone there for generations, but I hated all the prejudice," he said of his time at the English boarding school.

Beyond his greatest cinematic success, Hudson directed other films, including the 1984 "Greystoke: The Legend of Tarzan, Lord of the Apes" and had a career in advertising and documentary film-making.

He had a son from his first marriage and had been married since 2003 to British actress Maryam d'Abo, known for her role as the 1987 James Bond girl in "The Living Daylights".



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.