Trump Once Called Kim Kardashian 'Most Overrated Celebrity,' Netflix Doesn't Seem Bothered, Wins Bidding War For New Comedy
Portfolio Pulse from Chris Katje
Netflix Inc (NASDAQ:NFLX) has won the rights to a new comedy film, 'The Fifth Wheel,' starring Kim Kardashian, after a competitive bidding war. Kardashian, who has a significant social media following, will also serve as a producer and be involved in marketing the film. This move by Netflix comes despite former President Donald Trump's past comment calling Kardashian the 'most overrated celebrity.'
November 28, 2023 | 12:19 am
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Netflix's acquisition of 'The Fifth Wheel' starring Kim Kardashian could attract her large social media following, potentially boosting viewership and subscriber growth.
Netflix's decision to acquire the rights to a film starring Kim Kardashian, who has a massive social media presence, is likely to have a positive impact on the company's stock in the short term. The news could generate buzz and attract viewers, which may translate into increased subscriber growth and retention. The confidence in this analysis is based on Kardashian's proven influence and Netflix's history of leveraging star power for successful content.
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