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Netflix has hit a speed bump with original series and movies, and it could spell bad news for investors (NFLX)





Netflix CEO Reed Hastings

  • Netflix has bet that its original series will draw in new subscribers and help retain older ones.
  • But the company released a relatively weak lineup of Netflix Originals in the second quarter, at least compared with last year.
  • That light release schedule could translate into worse-than-expected subscriber numbers for its second quarter, warned Wedbush’s Michael Pachter.

If Netflix missed its subscriber targets for the second quarter, you can blame its lineup of original series — or, to be more accurate, the holes in that lineup.

The streaming media giant released few notable Netflix Originals in the its most recent quarter, noted Michael Pachter, a read more >>>

Source:: BusinessInsider.Com

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