Netflix has hit a speed bump with original series and movies, and it could spell bad news for investors (NFLX)
|07/11/2018||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>