Riot's $250-million ‘Arcane' TV series was a Netflix hit, financial miss [Los Angeles Times (CA)]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
Company Research
Source: Los Angeles Times
While most of its peers license titles to Hollywood studios that have experience making TV, Riot wanted to maintain full control. The company envisioned the show, which streams on Netflix, as a gift to fans, one that would also drive more people to play League of Legends. Now 15 years old, that game remains one of the most popular titles on the planet, but its player base is slowly shrinking. Riot believed the show would be the first of many produced by its new entertainment division, which would transform the Los-Angeles based company into the next Walt Disney Co. But Arcane went way over budget. Riot invested unprecedented sums and years developing the project. In addition to the production costs, the company put tens of millions of dollars more into marketing the show, as well as on a campaign for awards. All told, Riot spent about $250 million on two seasons of the series, League of Legends Executive Producer Paul Bellezza said in an interview with Bloomberg. Netflix paid
Show less
Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFLX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFLX alerts
High impacting Netflix, Inc. news events
Weekly update
A roundup of the hottest topics
NFLX
News
- After years of controversy, drama and ratings, WWE begins its Netflix era [Los Angeles Times (CA)]Los Angeles Times
- Meghan Markle's 'cringe-worthy' return to spotlight kicks off second attempt at Netflix stardom [FOX News]FOX News
- Trailer for Meghan Markle's new Netflix lifestyle show drops [CBS News]CBS News
- NFL scores with Netflix, Pop-Tarts Bowl: YF Sports Report [Yahoo! Finance Canada]Yahoo! Finance Canada
- What We Know About Meghan Markle’s Netflix Lifestyle Show Ahead Of January Debut [Forbes]Forbes
NFLX
Earnings
- 10/17/24 - Beat
NFLX
Sec Filings
- 1/2/25 - Form 144
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- NFLX's page on the SEC website