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Stockreport

K-Drama Giant CJ to Spend $750 Million Yearly to Fight Hollywood [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Most Read from Bloomberg CJ executives issued that pledge while describing how Korea's entertainment industry is in crisis mode — despite the explosive popularity of K-pop and K-drama. Local players like CJ are struggling with rising production costs as well as falling ad revenue from local platforms. At the same time, Netflix Inc. has taken the lead on distributing K-dramas such as Squid Game worldwide. On Friday, CJ — which backed the Oscar-winning 2019 black comedy Parasite — promised to invest more on content than any of its local peers. Spanning movie theaters and production houses to local video streaming, CJ thinks the business needs big investment to become truly international. “The content media industry is said to be in crisis, with more competition than ever before and a rapidly changing ecosystem, but I think there is definitely an opportunity in it,” Chief Executive Officer Yoon Sang-hyun said during a forum at the Busan International Film Festival. “We will find s [Read more]

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Stockreport

K-Drama Giant CJ to Spend $750 Million Yearly to Fight Hollywood [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Most Read from Bloomberg CJ executives issued that pledge while describing how Korea's entertainment industry is in crisis mode — despite the explosive popularity of K-pop and K-drama. Local players like CJ are struggling with rising production costs as well as falling ad revenue from local platforms. At the same time, Netflix Inc. has taken the lead on distributing K-dramas such as Squid Game worldwide. On Friday, CJ — which backed the Oscar-winning 2019 black comedy Parasite — promised to invest more on content than any of its local peers. Spanning movie theaters and production houses to local video streaming, CJ thinks the business needs big investment to become truly international. “The content media industry is said to be in crisis, with more competition than ever before and a rapidly changing ecosystem, but I think there is definitely an opportunity in it,” Chief Executive Officer Yoon Sang-hyun said during a forum at the Busan International Film Festival. “We will find s [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS