![]() Many analysts felt the need to play catch-up, increasing their stock price targets. Netflix’s stock was up more than 10 percent in Wednesday pre-market trading as of 8:45 a.m. So Wall Street analysts had a lot to digest and analyze overnight, with most experts coming away with bullish takes on the company led by co-CEOs Sarandos and Greg Peters, along with executive chairman Reed Hastings. The company’s quarterly earnings update highlighted three opportunities ahead: “improving the core (series and film), while broadening our offering (games, live and sports-adjacent programming)” bringing its advertising business to scale and deepening “our connection with fans through our marketing, consumer products and innovative new live experiences.” The subscriber jump came in well ahead of most Wall Street experts’ expectations and seemingly confirming some analysts’ crowning of Netflix as the “king” of streaming. Kate Winslet on Why "Life Was Quite Unpleasant" After 'Titanic' Release: "Being Famous Was Horrible"Īnd the streaming giant’s fourth-quarter earnings report showed it ending 2023 with 260 million subscribers worldwide, helped by such original programming as Squid Game: The Challenge, new seasons of Lupin and Sex Education, the Money Heist spin-off Berlin, the conclusion of The Crown, awards season contenders, such as Bradley Cooper’s Maestro and Todd Haynes’ May December, Aardman Animation’s Chicken Run: Dawn of the Nugget, the animated Leo, and Zack Snyder’s Rebel Moon – Part One: A Child of Fire. “Expanding into live event programming is something we’ve talked about for quite a while, and this has been in the works, so we used to look at this as fits inside of our $17 billion programming spend now,” said co-CEO Ted Sarandos on its earnings call. The latter allowed the company to make a big splash in the live events content space that it has been targeting. 23 by reporting its second-best quarterly subscriber additions ever ( 13 million) and unveiling a 10-year, $5 billion deal for WWE flagship show Raw, as well as the sports entertainment powerhouse’s content internationally. The Company's paid plans range from the United States dollar equivalent of $1 to $28 per month, and pricing on its extra member sub accounts range from the United States dollar equivalent of $2 to $8 per month.Netflix shares jumped on Wednesday after the streaming giant surprised Wall Street on Jan. The Company also has agreements with various cable, satellite and telecommunications operators to make its service available through TV set-top boxes. ![]() The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. ![]() Its members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company provides paid memberships in approximately 190 countries offering televis ion (TV) series, films and games across a wide variety of genres and languages. The Company acquires, licenses and produces content, including original programming. NFC:BLG Bulgarian Stock Exchange - Sofia.NFLX-RM:MCX Moscow Interbank Currency Exchange.
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