|Bid||339.50 x 1800|
|Ask||339.49 x 1100|
|Day's Range||337.38 - 341.56|
|52 Week Range||252.28 - 385.99|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||108.83|
|Earnings Date||Jan 20, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||363.18|
When this year's Academy Award nominations were announced on Monday, Netflix received 24 nominations — the most of any Hollywood studio. As a result, Darrell finally watched Martin Scorsese's three-and-a-half hour gangster epic — and he wasn't impressed by the results.
When Lulu Wang turned down a streaming platform’s eight-digit bid last year for her Sundance hit The Farewell , agreeing instead to an offer half the size from prestigious independent studio A24, her backers ...
Seven years ago, the two big China tech giants introduced mobile payments for the exchange of cash gifts—so-called red envelopes. Now the pair continue to compete to increase and engage users.
Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs. The S&P 500 has gotten off to a strong start in January, up 3% so far this year, fuelled by a truce in the U.S.-China trade war, low interest rates and signs the economy remains healthy. Analysts on average expect reports to show S&P 500 earnings per share fell 0.8% in the fourth quarter, with technology earnings seen up 0.6%, according to IBES data from Refinitiv.
Netflix Inc. endured the first wave of a competitive assault late last year, and financial results coming Tuesday will show how it was affected, and what it expects as it braces for a second wave in the spring.
Netflix investors are holding their breath ahead of the company's fourth-quarter earnings report due out late Tuesday. Similarly, Netflix stock is in a holding pattern ahead of the news.
If Netflix Inc (NASDAQ: NFLX) investors were the type to jump through hoops of fire, they may have done that when the nominations for the 92nd Academy Awards ceremony were recently announced. NFLX stole headlines with its unprecedented 24 Oscar nominations for original content. If they did, NFLX’s then-record 15 Oscar nominations last year might have helped temper the rocky ride the stock took in 2019.
U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday. Launched in 2014 in France - where it employs 40 people, and has existing operations in Paris - Netflix has developed 24 French titles, including six films, nine series and three documentaries. Netflix has seen its customer base grow quickly in recent years thanks to a rich catalog of movies and series, allowing it to grab market share from long-established local pay TV operator Canal+ - a unit of media conglomerate Vivendi - which had 16.2 million subscribers at the end of 2018, including 8.3 million in mainland France.
Geopolitics overshadowed monetary policy for the first time in many months in early January. Rate-setters in many countries are about to hold their first policy meetings of 2020 - in Japan on Monday and Tuesday, Canada on Wednesday, Norway and the euro zone on Thursday. Japan, Canada, Norway and the European Central Bank (ECB) are not expected to make any changes, while it is unlikely China will act again so soon after its early-January reserve ratio cut for banks.
Benzinga Pro's Stocks To Watch For Friday Tesla (TSLA) - A report suggested The National Highway Traffic Safety Administration will review a petition requesting a formal investigation of some 500,000 Tesla ...
(Bloomberg Opinion) -- Comcast Corp.’s soon-to-launch Peacock service shows that advertising is the future of streaming TV. Consumers may be OK with that. On Thursday, the cable giant’s NBCUniversal entertainment division showcased Peacock to investors ahead of the app’s soft launch slated for April 15. Like Netflix, Disney+ and HBO Max (and to some extent, the content-lite Apple TV+), Peacock offers a library of movies; older and current network TV shows, such as “The Office” and “This Is Us”; and original programming made exclusively for its streaming audience. But it differs from the other services in one significant way: Peacock’s primary source of revenue will be ads, not subscriptions, allowing viewers the option of streaming for free. Let’s face it, paying for individual streaming-video apps at $7, $13 and $15 a pop isn’t all that cord-cutting was cracked up to be. The streaming-TV subscription model is brand new and broken. One app isn’t enough, yet having multiple subscriptions can get so expensive customers are left to wonder why they even got rid of cable. The streaming wars haven’t been a delight for the entertainment giants and their shareholders, either: These new apps are extremely costly to build and to stock with content, and they’ll cannibalize the larger revenue streams generated by traditional TV networks. Put it this way: TV just seems to work better for everyone when the consumer is the product, able to be sized up by advertisers desperate for a few moments of our time in hopes of activating a shopping reflex.Anecdotally, it’s said that viewers can’t stand ads. But in fact, research has shown that the No. 1 gripe for video subscribers is how much they’re paying. In a survey of about 6,000 North Americans conducted for TiVo Corp. toward the end of last year, about 70% said their reason for cutting the cord was that pay TV was too expensive. A separate survey by Ampere Analysis Ltd. similarly found price to be by far the biggest motivator for consumers switching to ad-supported apps, and 39% said they don't mind seeing ads while they watch. “We continue to believe consumers do not hate ads,” Rich Greenfield, an analyst for LightShed Partners, wrote in a report this week. “They hate heavy ad loads of un-targeted, repetitive ads in contrast to Instagram where the ads feel more like content.” Peacock is promising just five minutes of ads per hour.Media companies developing streaming services shouldn't underestimate the power of “free,” my colleague Sarah Halzack and I wrote last year in a column highlighting the appeal of ad-supported streaming offerings, such as Tubi, The Roku Channel and Pluto TV, which is now owned by ViacomCBS Inc. But compared to the quality of those apps, Peacock doesn’t feel free — it has plenty of premium content, carefully thought-out navigation and features, and with the option to watch some programming live and other stuff on-demand. A fuller content library can be accessed with Peacock Premium for $5 a month, although Comcast subscribers — even those who only have internet service — can get that version at no extra cost. For $10 a month, Peacock can be ad-free. But Comcast is probably hoping everyone will opt for the ads. About 70% of Hulu’s subscribers are on its ad-supported version, Peter Naylor, who heads up advertising sales for Hulu, said at a conference last year. And according to LightShed’s Greenfield, Hulu makes more money from its ad-supported version than from its ad-free subscriptions.For Comcast, it’s about “light advertising and bundling,” Jeff Shell, the newly installed CEO of the NBCUniversal unit, said during Thursday’s presentation. It’s one of the first signs of ”the great re-bundling” that I wrote about in November, as media giants realize they need to do something about the big consumer pain point of streaming: too many subscriptions.Comcast predicts Peacock will have at least 30 million active accounts and $2.5 billion of revenue by 2024, and that Ebitda will break even by then. Walt Disney Co. estimates Disney+ will turn profitable that same year, but it will take at least twice as many subscribers paying about $7 a month to do so. Similarly, AT&T Inc. is forecasting HBO Max won’t start making money until 2025, even though its fee is $15 a month. Meanwhile, Netflix has insisted it won’t adopt ads, despite the company’s $19 billion of content obligations as it burns through billions of dollars of cash each year.Of course, if ads are the name of the game, the industry has work to do to make them less annoying. Hulu, which is controlled by Disney, has been on the forefront of trying new advertising methods that are less interruptive than traditional commercials. It rolled out “pause ads” last year, which promote a brand’s product on screen while a video is paused.Comcast may be the only media giant to fully embrace ads so far for its streaming debut, but others will probably transition to a model more like Peacock’s over time. After all, birds of a feather flock together.To contact the author of this story: Tara Lachapelle at email@example.comTo contact the editor responsible for this story: Beth Williams at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Netflix stock has been on fire the past few months. What does that mean for NFLX stock ahead of earnings? The charts show the must-hold support level.
The streaming service will give investors their first look at how its subscriber trends fared in a more competitive environment when it reports fourth-quarter earnings after the bell on Tuesday.
Netflix is heading into a newly competitive era in streaming this year, and investors are eager for more detail on how its business will hold up against new rivals.
With Apple's first quarter fiscal 2020 financial results due out on January 28, it's time for investors to see why AAPL stock appears to be a strong buy...
NBCUniversal's new Peacock streaming service will offer free and $5-per-month options with advertising to try to win customers for its belated entry into the online video wars, the company announced on Thursday. NBCUniversal parent Comcast Corp is betting that viewers who have abandoned traditional pay TV and are weary of being asked to open their wallets for multiple streaming services will embrace a no-cost alternative with commercials. Peacock will debut for Comcast customers on April 15 and across the United States on July 15.
ET's Rachel Smith sat down with Perry to talk about his Netflix film. 'A Fall From Grace' begins streaming Jan. 17 on Netflix.
Netflix is gearing up to report quarterly earnings next week. RBC Capital Markets Analyst Mark Mahaney joins Yahoo Finance's Seana Smith on The Ticker to discuss the steaming giant's outlook, subscriber expectations, and competition from rivals.