Netflix stock price:
1) Current — $361.05
2) 52-week high — $423.21
3) 52-week low — $164.23
Why is Netflix stock so volatile? Netflix is a binary bet. You either believe that they are building the dominant media platform of the future or is on its way to bankruptcy. Not much middle ground.
High bar: 5.1M new subscribers was a disappointment!
Wall Street expectations vs. Actual in 2018-Q2:
1) Projected — 6.3M
2) Actual — 5.1M
Several analysts believe that Netflix needs at least 250M global subscribers in order to make their economic model work.
Emmy nominations 2018 by show:
1) Game of Thrones (HBO) — 22
2) Saturday Night Live (NBC) — 21
3) Westworld (HBO) — 21
4) The Handmaid’s Tale (Hulu) — 20
Emmy nominations 2018 by network:
1) Netflix — 112
2) HBO — 108
3) NBC — 78
4) FX Networks — 50
30% of the 538 nominations went to a tech platform.
Flashback: Streaming services led by Netflix pile up 2017 Emmy nominations
More #1: Netflix Is Spending More on Marketing This Year Than Some of Its Rivals Are on Content
More #2: The Crazy Numbers Behind Netflix’s 20 Years of Success
More #3: It takes 11 months for Netflix to achieve payback on each new U.S. subscriber
