Netflix company headlines, earnings, strategy, leadership, and market-moving business updates.
Market data may be delayed. For informational purposes only. Not investment advice.
The streamer says its latest series, centered on a royal curse and a crossing into a supernatural realm, will debut July 17.
THE APEX TIMES
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The streamer said production is underway in the Netherlands for a new scripted series directed by Paula van der Oest, with Remy van Heugten also involved, and casting that includes Hadewych Minis and Geert van Rampelberg.
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A new captive reality competition built around “maximum drama and zero escape” is scheduled to begin June 27 on Netflix, with 14 celebrities taking part over a six-week run.
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The World Cup football video game arrives exclusively through Netflix Games, available to Netflix members at no additional charge, underscoring Netflix’s push to use interactive entertainment to deepen retention.
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Jefferies analyst James Heaney said Netflix may have multiple near-term catalysts that could improve investor sentiment, even as the stock has slid. One factor he highlighted was the possibility that new restrictions on teen social media use could lift demand for streaming.
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A Wall Street analyst cut his price target for Netflix, arguing the streaming giant has few obvious triggers in the near term to push shares higher.
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Even after a slide from recent highs, Netflix is attracting attention from traders citing ongoing momentum in its advertising revenue and cash flow, according to a market report.
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Returning to the JW Marriott rooftop during Cannes Lions, Netflix is rolling out an interactive space built around popular titles, plus events aimed at attendees and brand partners.
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The streamer is adapting Alice Kellen’s Spanish novel into a new series, and released the first official footage as it prepares to debut the show on Netflix next month.
