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Stockreport

Netflix: Sports is the 'go-forward business,' analyst says [Yahoo! Finance Canada]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance Canada
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This move marks a significant shift for Netflix as it ventures into the realm of live sports broadcasting. Citi Managing Director Jason Bazinet joins Yahoo Finance to provide his insights on this deal. Bazinet highlights his previous concern regarding Netflix's ability to achieve global scalability with its content offerings. He notes that two avenues to attain this scalability are through sports and video games, which Netflix has been actively pursuing. While Netflix was initially hesitant to embrace sports content, Bazinet states that with the NFL deal and the existing partnership with the WWE, Netflix has now officially entered "the sports business." "I think this is much more about testing the waters, learning how to do advertising inside of sports, and then sort of down the road presumably bidding on more sports rights and doing more advertising. I think it's a good thing, it's just a natural evolution of the business," Bazinet tells Yahoo Finance. For more expert insight a [Read more]
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Stockreport

Netflix: Sports is the 'go-forward business,' analyst says [Yahoo! Finance Canada]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance Canada
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This move marks a significant shift for Netflix as it ventures into the realm of live sports broadcasting. Citi Managing Director Jason Bazinet joins Yahoo Finance to provide his insights on this deal. Bazinet highlights his previous concern regarding Netflix's ability to achieve global scalability with its content offerings. He notes that two avenues to attain this scalability are through sports and video games, which Netflix has been actively pursuing. While Netflix was initially hesitant to embrace sports content, Bazinet states that with the NFL deal and the existing partnership with the WWE, Netflix has now officially entered "the sports business." "I think this is much more about testing the waters, learning how to do advertising inside of sports, and then sort of down the road presumably bidding on more sports rights and doing more advertising. I think it's a good thing, it's just a natural evolution of the business," Bazinet tells Yahoo Finance. For more expert insight a [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS