Morgan Stanley predicts that Netflix (NFLX.US) live broadcast of boxing king Tyson's comeback match will create a new TV ratings record.
Analyst Doug Anmuth from Morgan Stanley stated on Thursday that Netflix (NFLX.usa) will live broadcast the boxing match between internet celebrity Jake Paul and legendary boxer Mike Tyson, 57 years old, this Friday (15th) US time. He expects that this fight may break the all-time viewership record for boxing matches and boost the number of subscriptions for Netflix's ad tier. As of the end of the third quarter, Netflix had approximately 0.283 billion subscribers, and the ad tier subscriptions increased by 35% quarter-over-quarter. Doug Anmuth mentioned that he anticipates the number of subscribers for the ad tier will continue to grow.
The blockbuster Korean drama "Squid Game" makes a strong return! The second season is expected to significantly boost netflix's performance.
The second season of this popular dystopian thriller Korean drama will premiere globally on Netflix on December 26th.
Disney, Warner Bros. Discovery, Paramount All Showing Streaming Profits -- Market Talk
Disney Stock Jumps 10% After Earnings. Streaming Profit Is Magic. -- Barrons.com
Why We Like The Returns At Netflix (NASDAQ:NFLX)
J.P. Morgan Maintains Netflix(NFLX.US) With Buy Rating, Maintains Target Price $850