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Netflix may be poised for even more gains ahead with the company at its peak financial position, according to Evercore ISI. "[A]t a high level, what our survey results and recent events (e.g. Q3 EPS and the massive success of the Tyson-Paul fight) suggest is that Netflix is in the strongest position financially, fundamentally and competitively that we have ever seen," he told clients this week. The recent survey results revealed that "core Netflix" metrics in the U.S., France and Germany were "reasonably positive," Mahaney noted. This comes as Netflix's live events are already gaining traction.
Persons: Mark Mahaney, Tyson, Paul, Mahaney, Mike Tyson, Jake Paul Organizations: Netflix, ISI, Disney, Amazon Prime, NFL, Squid Games, WWE Raw, Wall Locations: U.S, France, Germany
Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Here is what other firms are saying: Pivotal Research keeps buy rating on stock The firm raised its price target to $925, a Street high. Bernstein reiterates its market perform rating The firm increased its price target to $780 from $625. Bank of America reiterates its buy rating The bank increased its price target to $800 from $740. 3Q results were generally ahead (OI 5% higher) while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025."
Persons: Doug Anmuth, Anmuth, Morgan Stanley, Benjamin Swinburne, Bernstein, Goldman Sachs, NFLX Organizations: Netflix, JPMorgan, WWE, NFL, of America, Gaming, UBS, 3Q
Japanese-language TV series “Shōgun” dominated the drama series categories at the Emmy Awards on Sunday, winning four categories: best drama, best directing for a drama series, outstanding lead actor in a drama series and outstanding lead actress in a drama series. "It was an East-meets-West dream project with respect," Hiroyuki Sanada, who plays Yoshii Toranaga, said in accepting the award for lead actor in a drama series. Katie Yu / FXIn addition to the big acting awards, “Shōgun” was also nominated for a host of technical awards, like production design, original dramatic score and stunt performance. I'm a mess today," Anna Sawai said accepting her award for best actress in a drama series. Lead actor Lee Jung-jae became the first Asian to win the award for outstanding lead actor in a drama series.
Persons: , , Japan that’s, Hiroyuki Sanada, Yoshii Toranaga, Katie Yu, “ Shōgun ”, ” Néstor Carbonell, Anna Sawai, Sawai, Toda Mariko, Lee Jung, jae, Sanada Organizations: Creative Arts, FX, Disney, Variety, Korean Netflix Locations: Japan, East, U.S, Korean,
A video shows two North Korean teenage boys being sentenced to hard labor for watching K-dramas. AdvertisementRare video footage shows two teenage boys being sentenced to 12 years of hard labor for watching K-dramas, which are South Korean TV shows. In North Korea, viewing or distributing foreign media, especially from South Korea, is considered a serious offense. 🚨🇰🇵RARE FOOTAGE FROM NORTH KOREA: TEENS PUNISHED FOR WATCHING SOUTH KOREAN TVChilling footage from North Korea allegedly shows two teenage boys handcuffed in front of hundreds of students and sentenced to 12 years of hard labor for watching South Korean 'K-dramas.' One North Korean defector told the BBC that punishment is harsher for watching South Korean media compared with other foreign media.
Persons: , 🚨🇰, CnEO6HL —, sy Organizations: Service, South, BBC Locations: Korean, North Korea, South Korean, South Korea
Korean actor Park Seo-joon will star in the upcoming superhero movie “The Marvels” to be released in July 2023. He joins a growing roster of Korean talent that is joining Disney-backed content and was one of many Korean names dropped Wednesday at a Disney content showcase in Singapore. Earlier this month, “Squid Games” star Lee Jung-jae was announced as joining Star Wars series “The Acolyte,” for Disney +. So too did Japanese director Miike Takashi, whose Korean-made series “Connect” Disney+ will upload early next month. Disney has announced plans to green-light 50 local shows in the Asia-Pacific region by the end of 2023 and is keen to catch up with Netflix in the scale of its Korean content roster.
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