Netflix Causes Fan Outrage Over Timing Of 'Titanic' Film Being Added
Portfolio Pulse from Chris Katje
Netflix Inc (NASDAQ:NFLX) has added the film 'Titanic' back to its library, causing outrage among fans due to the timing of the addition, which coincides with a recent tragic submarine disaster at the Titanic wreckage site. The licensing deal for the movie to air on Netflix was struck months in advance. The film is one of the most well-known titles of Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA).

June 28, 2023 | 5:28 pm
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NEUTRAL IMPACT
'Titanic' is one of the most well-known titles of Paramount Global.
The addition of 'Titanic' to Netflix's library could potentially increase the visibility of Paramount Global's titles, but it's uncertain how this will impact the company's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
'Titanic' is one of the most well-known titles of Paramount Global.
The addition of 'Titanic' to Netflix's library could potentially increase the visibility of Paramount Global's titles, but it's uncertain how this will impact the company's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Netflix's decision to add 'Titanic' to its library could potentially increase viewership due to the increased interest in the original voyage of the Titanic.
The outrage caused by the addition of 'Titanic' to Netflix's library could potentially lead to increased viewership due to the heightened interest in the original voyage of the Titanic. This could have a positive impact on Netflix's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80