Profile
Sector:
Communication ServicesIndustry:
EntertainmentCountry:
United StatesIPO:
23 May 2002Website:
http://www.netflix.comNext earnings report:
18 July 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 95 min agoDividend
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Netflix (NFLX) announces that it is expanding its West Coast production facility in Albuquerque, NM.
Streaming giant Netflix Inc NFLX enjoyed success with the release of "Squid Game" in 2021, a hit Korean dystopian sci-fi series.
Netflix co-CEO Ted Sarandos cut the ribbon on a major expansion of Netflix Studios Albuquerque and said the facility has racked up nearly $900 million in total investment in New Mexico production since 2019. The company launched the hub in 2018, marking its first purchase of a production studio complex.
YouTube — owned by tech giant Alphabet (GOOG, GOOGL) — is solidifying its position as a dominant force in the streaming sector, according to the latest Nielsen survey. Nielsen's data reveals that YouTube captured a substantial 9.7% of total viewership among streaming services during the month of May.
Boeing (BA), Gold ETF (GLD), and Netflix (NFLX) are today's Big Three. Don Kaufman and Ben Lichtenstein discuss the technical trends, as well as how to trade these names.
Netflix is trying to join an elite club that includes seven businesses at the moment. As a leader in the streaming industry, Netflix has scale advantages that helped produce sizable profits.
Netflix (NFLX) closed at $672.41 in the latest trading session, marking a +0.51% move from the prior day.
The company's latest internal memo about its corporate culture is more about how it expects employees to behave than what it wants to become.
As Disney (DIS), Comcast (CMCSA), and other entertainment conglomerates work to catch up to Netflix's (NFLX) streaming dominance, Netflix is taking steps to expand its business by following rivals' parks success with its own experiences spaces.
What type of business is Netflix?
Netflix, Inc. is a leading entertainment internet service, a provider of video content (movies of various genres, TV shows, reality shows, etc.) based on streaming. Netflix, Inc. was registered in 1997, with its headquarters located in California (USA). The company has three reporting segments: domestic streaming (content delivery in the USA), international streaming (content delivery outside the states), and domestic DVD segment (DVDs by mail, coverage - USA). Services are provided for a fixed monthly fee. Netflix service customers can watch a variety of video content provided in many languages around the world as much as they want, at any time and on any screen connected to the internet, without ads, with the ability to pause and resume viewing.
What sector is Netflix in?
Netflix is in the Communication Services sector
What industry is Netflix in?
Netflix is in the Entertainment industry
What country is Netflix from?
Netflix is headquartered in United States
When did Netflix go public?
Netflix initial public offering (IPO) was on 23 May 2002
What is Netflix website?
https://www.netflix.com
Is Netflix in the S&P 500?
Yes, Netflix is included in the S&P 500 index
Is Netflix in the NASDAQ 100?
Yes, Netflix is included in the NASDAQ 100 index
Is Netflix in the Dow Jones?
No, Netflix is not included in the Dow Jones index
When does Netflix report earnings?
The next expected earnings date for Netflix is 18 July 2024