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Fly News Breaks for June 19, 2019
NFLX
Jun 19, 2019 | 08:39 EDT
Credit Suisse analyst Douglas Mitchelson notes that Netflix has begun releasing Top 10 viewing lists by genre in the U.K., which he sees as "very interesting," as he estimates the U.K. is Netflix's 2nd largest market. The data underscores the importance of first-run content, with Netflix first-run exclusives a majority of every category but film, he adds. Mitchelson continues to expect Netflix will be able to sufficiently ramp its original content efforts to sustain clear category leadership, even as traditional media companies finally begin pursuing the very large global streaming opportunity with their own direct to consumer services over the next year. He reiterates an Outperform rating and $450 price target on the shares.
News For NFLX From the Last 2 Days
NFLX
Apr 24, 2024 | 14:02 EDT
Comcast (CMCSA) is scheduled to announce quarterly results on April 25, while Paramount (PARA) and Warner Bros. Discovery (WBD) are... To see the rest of the story go to thefly.com. See Story Here