Monday, April 17, 2017
No First-Quarter Surprise for Netflix Stock
Naturally, the primary growth will come from the international segment of the business – where NFLX continues to invest heavily.
"Netflix has vowed to invest over $1.75 billion into more than 90 European productions, including licensed content, co-productions, and original productions, which should help its competitive positioning in the growing European over-the-top market," says Glenn Hower, senior research analyst at Parks Associates.
"As it closes in on the 100-million-subscriber mark, it seems more and more likely that the number of international subscribers will exceed the number of domestic subscribers," Hower says.
From the article "No First-Quarter Surprise for Netflix Stock" by John Divine.
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