Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Netflix    NFLX

NETFLIX

(NFLX)
  Report
Real-time Quote. Real-time Cboe BZX - 01/27 12:04:06 pm
342.32 USD   -3.07%
08:07aNETFLIX : Justin Simien's 'Bad Hair' takes on horrors of double standards
AQ
07:31aTech Earnings Will Test Rally in Growth Stocks
DJ
05:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Netflix : Says 26.4 Million Users Watched 'The Irishman' in First Week

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/10/2019 | 03:46pm EST

By Joe Flint

Some 26.4 million Netflix subscribers around the world watched the Martin Scorsese movie "The Irishman" in its first week on the streaming service, Chief Content Officer Ted Sarandos said, a little more than half the number who watched its most successful original film, last year's "Bird Box," in a similar period.

"The Irishman" made its debut on Netflix the day before Thanksgiving after a three-week run in movie theaters around the country. The critically acclaimed movie stars Robert DeNiro, Joe Pesci and Al Pacino and received five Golden Globe nominations earlier this week.

Netflix counts as viewers users who watched at least 70% of the movie, which has a running time of 3 1/2 hours. Mr. Sarandos said the results run counter to the narrative that people have short attention spans.

"People still choose to have a relationship with long-form film. Really long-form film in this case," he said at the UBS Global TMT media conference in New York.

Mr. Sarandos said he expected 40 million Netflix subscribers to have watched most or all of "The Irishman" in its first month on the platform. Netflix has about 160 million subscribers, 60 million of whom are in the U.S.

"The Irishman," a sprawling tale about a mob hit man with ties to labor leader Jimmy Hoffa, cost Netflix about $175 million to make, people familiar with the matter have said. It is one of the most expensive bets Netflix has made on content.

Netflix doesn't break out viewership in the U.S. compared with the rest of the world. Last week, the ratings service Nielsen estimated that 13.4 million people in the U.S. watched "The Irishman" in its first five days of release. A Netflix spokesman declined to comment on the Nielsen number.

"The Irishman" viewership number is much smaller than that of "Bird Box, " which starred Sandra Bullock and attracted 45.3 million Netflix households in its first week of release.

Mr. Sarandos said some viewers may have watched "The Irishman" in multiple sittings. "The way people consume is just very personal," he said.

Asked about some people watching the movie on a phone, Mr. Sarandos said while that might seem mind-boggling to him and to others, it is quite natural for the younger generation and not something to get up in arms about.

"We look like old men yelling at the clouds when we do that," he said.

Write to Joe Flint at joe.flint@wsj.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NETFLIX
08:07aNETFLIX : Justin Simien's 'Bad Hair' takes on horrors of double standards
AQ
07:31aTech Earnings Will Test Rally in Growth Stocks
DJ
05:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
03:16aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
01:30aNEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
01/26NEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
01/26NEWS HIGHLIGHTS : Top Global Markets News of the Day
DJ
01/25NETFLIX : The first day of TUDUM Festival Netflix ended with a new film announce..
PU
01/25NETFLIX : ACQUIRES GLOBAL RIGHTS TO HORROR FILM “HIS HOUSE”
PU
01/24AMERICAN AIRLINES, STARBUCKS, NETFLI : Stocks That Defined the Week
DJ
More news
Financials (USD)
Sales 2020 24 375 M
EBIT 2020 3 927 M
Net income 2020 2 736 M
Debt 2020 12 245 M
Yield 2020 -
P/E ratio 2020 58,8x
P/E ratio 2021 42,0x
EV / Sales2020 6,85x
EV / Sales2021 5,83x
Capitalization 155 B
Chart NETFLIX
Duration : Period :
Netflix Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NETFLIX
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 45
Average target price 365,32  $
Last Close Price 353,16  $
Spread / Highest target 26,3%
Spread / Average Target 3,44%
Spread / Lowest Target -57,5%
EPS Revisions
Managers
NameTitle
Wilmot Reed Hastings Chairman, President, & Chief Executive Officer
Spencer Adam Neumann Chief Financial Officer
Jay Crandall Hoag Lead Independent Director
Richard N. Barton Independent Director
Timothy M. Haley Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
NETFLIX9.14%154 773
TENCENT HOLDINGS LIMITED2.66%471 430
NASPERS LIMITED6.95%74 874
UBER TECHNOLOGIES, INC.23.74%62 774
SPOTIFY TECHNOLOGY S.A.-1.95%26 939
COSTAR GROUP, INC.8.75%23 837