Netflix Review, Comic-Con Preview

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 20 July 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Turns out Netflix did NOT lose 2 million subscribers as previously predicted. (Only 970,000) (0:22) Tim Beyers discusses: - The market's relief that 2nd-quarter results for Netflix were "less bad" - Why Microsoft shareholders have a stake in Netflix's success - Twitter winning the 1st round in its legal battle with Elon Musk (10:21) Ricky Mulvey and Catie Peiper discuss how entertainment companies have dealt with rough economic situations in the past (and how they could respond in the current environment), and preview this year's San Diego Comic-Con! Stocks mentioned: NFLX, MSFT, TWTR, DIS, WBD, AMZN Host: Chris Hill Guests: Tim Beyers, Catie Peiper Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Netflix, Beats Expectations, and Twitter beats Elon Musk.
0:09.4	In the first round anyway, Motley Fool Money starts now.
0:21.6	I'm Chris Hill joining me from Colorado.
0:25.2	Motley Fool's Senior Analyst and he's fully caffeinated.
0:27.7	It's Tim Byers.
0:28.7	Good to see you.
0:29.7	Thank you sir.
0:30.7	You are correct.
0:31.7	I am fully caffeinated.
0:32.7	Ready to go.
0:33.7	Let's start with Netflix then.
0:35.7	It shares up a little bit this morning after the company only lost 970,000 subscribers
0:41.4	in the second quarter.
0:42.9	Not the 2 million subscribers.
0:45.0	It had originally warned it would lose and I keep hearing this phrase.
0:50.8	I heard it after the bell yesterday.
0:52.8	I heard it a bunch this morning and the phrase is less bad.
0:57.9	That's the phrase being applied to this quarter.
0:59.4	It's less bad, which is fine.
1:01.2	It's always nice to beat expectations.
1:04.2	Just because it's less bad, I don't think it means it's good.
1:07.6	You tell me how good were the results from Netflix.
	...

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