A take on business from Times Square
Sponsored by NYC News Service and CUNY Newmark J-School
Reporter
In the past four years, Netflix has rapidly expanded its reach, launching in over 130 countries since 2016, aiming to capture market shares in these countries before anyone else.
Netflix is thinking globally and putting its hopes and dollars in a relatively new and untapped market, India.
Despite a major slowdown in production amid the pandemic, Netflix announced during an investor call in October that it is on track to release more originals in 2021 than it will this year, alleviating some investors’ concerns that pipeline troubles could threaten the company’s lead in streaming video.
Robert Kueffer had always planned on going to graduate school but the global pandemic and economic uncertainty have fast-forwarded his plans.
Netflix announced a price increase this week to the standard and premium plans offered in Canada, a move that some analysts believe foreshadows a coming price increase to Netflix in the U.
During coronavirus, many fitness companies’ stocks have skyrocketed as investors bet on companies that could potentially profit during the pandemic and consumers sought out different ways to stay healthy.
About the Journal
The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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greg.david@journalism.cuny.edu