Netflix reports earnings this week and it's going to be a really important report to the entire tech and media industry. Here's why:
1. We will find out just how much business the covid lockdown brought them from people staying home and in doors
2. We will find out how they are navigating the content creation lockdown and what that means for shows in the coming months and year
3. We will find out if Netflix is growing faster than its competitors like Disney, Hulu, and others if those companies are pressuring them at all
One thing I have noticed is that Netflix is up 75% year-to-date. Well done to those who have been long and are holding. My question, though, is what does Netflix have to report to meet these high rising expectations?
1. We will find out just how much business the covid lockdown brought them from people staying home and in doors
2. We will find out how they are navigating the content creation lockdown and what that means for shows in the coming months and year
3. We will find out if Netflix is growing faster than its competitors like Disney, Hulu, and others if those companies are pressuring them at all
One thing I have noticed is that Netflix is up 75% year-to-date. Well done to those who have been long and are holding. My question, though, is what does Netflix have to report to meet these high rising expectations?
I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.
Twitter: twitter.com/scheplick
Blog: scheplick.com/
Twitter: twitter.com/scheplick
Blog: scheplick.com/