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Market Mondays

The King of Streaming: Netflix Smashes its Earnings

Market Mondays

EYL Network

Investing, Entrepreneurship, Business

5.04.1K Ratings

🗓️ 9 February 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Welcome to episode, we dive into the ever-evolving world of media and discuss the latest earnings report from the entertainment giant, Netflix. Rashad Bilal, Troy Millings, and Ian Dunlap, share their insights on Netflix's recent success and the state of the media industry. Join us as we explore whether Netflix is the best media company to invest in and the future of media and investing in media companies.


#Netflix #MediaIndustry #Investing #EarningsReport #MarketMondays #FutureOfMedia #TechSector #TraditionalMedia #StreamingServices #ContentEvolution #BusinessConsolidation #MediaInvestment #EntertainmentIndustry #StreamingPlatforms #DigitalMedia #MarketTrends #MarketInsights



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Transcript

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0:00.0

Okay, so another company that people are familiar with that we haven't spoken about in a while,

0:06.6

because, you know, we can only talk about Apple or Microsoft so much.

0:11.2

Netflix. with Microsoft so much. Netflix, so Netflix, wow, they crushed it, they crushed it.

0:18.0

They crushed it.

0:19.0

It was actually with Maverick Carter very randomly.

0:22.0

We put on the air. We were Maverick last week and I guess the earnings had just came out and he got notified

0:29.3

on his phone and he was like Netflix, they crushed their earnings.

0:32.8

And then we had a whole conversation about his philosophy on why Netflix is Rain Supreme

0:39.0

and why they have added like 21 million users. He had a very interesting take on it.

0:45.0

But yeah, Netflix crushed their earnings and grew their revenue 12% year over year.

0:51.0

So, okay, so is Netflix the best media company to invest in?

0:56.4

And what do you think of their earning report in the state of media overall?

1:00.4

Damn what I think. What Mavericardis says?

1:03.0

Let's not bury the lead.

1:05.8

Laplange James's partner says.

1:08.2

Well, shout to Mav.

1:09.0

So now what he was saying was that, you know, he, you know, he was speaking to somebody and they were saying

1:13.3

that uh by them having to you know change the the system where a lot of people

1:21.1

used to share Netflix accounts right?

1:23.6

And then they change that to make it to now you have to actually have your own Netflix

1:28.0

account if you want to if you want to watch Netflix right and just doing that alone probably increased users by millions of...

1:37.0

Yeah, I think that's a 4.5 million?

...

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