Netflix Releases Second Engagement Report: Everything You Need To Know
Portfolio Pulse from Hayden Buckfire
Netflix Inc (NASDAQ:NFLX) released its biannual engagement report, revealing that viewers watched over 90 billion hours of content from July to December 2023. Original content like 'Lupin,' 'The Witcher,' and 'The Crown' dominated viewership, while non-English content also performed well. The report highlights Netflix's strong performance and increased investment in foreign language media.
May 23, 2024 | 9:29 pm
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Netflix's biannual engagement report shows strong performance with over 90 billion hours of content watched in the second half of 2023. Original content and non-English media are key drivers.
The report highlights significant engagement with Netflix's original and non-English content, indicating strong viewer interest and potential for revenue growth. This positive performance is likely to boost investor confidence and positively impact NFLX stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100