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Stock impact report

How the coronavirus is changing the media landscape -- even for Netflix [Yahoo! Finance News]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Last week, Netflix’s NFLXsurpassingDISwhile on coronavirus lockdownIn a recent research note, Credit Suisse pointed out Netflix’s unique position. The firm broke down how the platform’s wide array of content and high-purchasing power will help keep costs down once production eventually resumes.Like the rest of Hollywood, Netflix has been forced to shut production in the wake of the coronavirus, offering the platform an unusual opportunity to capitalize on free cash-flow as revenue continues to pour in from new subscribers.But while streaming has enjoyed certain quarantine benefits, traditional media will have to adapt in order to increase efficiency.View photosA man wearing a mask walks on Hollywood Blvd during the COVID-19 crisis, April 15, 2020, in Hollywood, California.Workflow adjustments could include lessening the number of episodes in a singular TV season, canceling expensive projects and modernizing post-production technology to cloud-based formats, according to Credit Suisse. Show less Read more
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