Netflix, Inc. is a streaming entertainment service company, which provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting solely of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting solely of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.
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- Eudaimonia Partners LLC grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 26.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,055 shares of the Internet television networks stock after buying an additional 218 shares during the period. Eudaimonia Partners LLCs holdings in Netflix [] More
- Analyst Laura Martin has been bearish on Netflix (NASDAQ:NFLX) and bullish on Roku (NASDAQ:ROKU) for awhile, and that’s not about to change headed into 2021.Analyst Laura Martin thinks next year “will unmask fundamental weaknesses in NFLXs growth story and also unmask ROKUs powerful advertising growth engine on its larger installed base.”While Netflix clearly benefitted from this year’s pandemic, Martin expects a drop in subscriber numbers going forward.For Roku, Martin predicts continuing adoption of connected TVs, which will drive ad-based content gains.Martin maintains an Underperform rating on Netflix, and a Buy on Roku.Roku shares are up nearly 3% pre-market, helped along by a big price target boost at Citi. More
- Netflix Inc. Annual stock financials by MarketWatch. View the latest NFLX financial statements, income statements and financial ratios. More
- The leading streaming service has been a big winner in odd-numbered years, but next year could be different. More
- A new survey shows that Netflix’s growing library of original content is the leading draw for subscribers. Netflix stock climbed on Tuesday. More
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