CG: Netflix Closes Out 2017 With a Bang

Industry Focus

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4.6 • 854 Ratings

🗓️ 23 January 2018

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

As spending on content surged in 2017, so did subscriber growth across the globe. For Netflix to live up to sky-high expectations (and its rich valuation), management will be upping investments across the company again this year. We break down the latest results and offer a glimpse of what lies ahead for the No. 1 streaming service.

Transcript

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0:00.0	Thanks to Harries for supporting the Motley Fool.
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0:09.2	Just pay shipping.
0:09.8	Welcome to industry focus, the podcast it dives into a different sector of the stock market every day.
0:16.0	It's Tuesday, January 23rd and I'm your host Vincent Shen.
0:20.0	Earnings season is in full swing and in this episode we'll be looking at the latest
0:23.4	quarterly results from leading streaming video service Netflix.
0:27.0	To help me break down the big announcements and news from the company I've enlisted the help of
0:30.4	full dot com contributor Danny Vena who's joining us via Skype from
0:34.2	San Diego, California. Hey Danny it's been a few months since you joined us
0:38.0	here on the Consumer Retail Show. Great to have you back. Thank you very much.
0:42.1	I'm glad to be back.
0:43.0	So I know you've been covering Netflix for a while now, so I'm excited to get your thoughts on their
0:47.7	latest release, but before we do that, I wanted to pick your brain really quick on Amazon.
0:53.2	So the company's been making a ton of headlines
0:55.0	the past week.
0:55.6	First, they announced that the location
0:58.2	of their future HQ2, their headquarters,
1:01.0	has been narrowed down to 20 locations, three of which are close to
1:05.0	full HQ here in Old Town Alexandria.
1:07.3	Those are Washington, D.C. Montgomery County, Maryland, in Northern Virginia.
	...

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