Netflix beats Q4 earnings estimates, reporting revenue of $3.29 billion and an additional 8 million subscribers. Jeff Reeves, analyst and executive editor at InvestorPlace.com, and Tuna Amobi, media and entertainment analyst at CFRA Research, join The Long and The Short to discuss future challenges facing Netflix.
Contrary to what Wall Street thought, Netflix isn't burning through a lot of cash. Reeves says this proves Netflix's decision to raise prices was worth it. However, he predicts that it may continue to raise prices to have that extra cash cushion. Disney's new streaming network could be a big challenge for Netflix. However, Amobi doesn't think Netflix needs to worry about Disney for a while. While there is no question that competition is coming, Amobi doesn't predict Netflix will lose market share anytime soon.
Plus, in 2017 the average streaming hours per membership grew by 9% year-over-year. Amobi and Reeves discuss the company's future marketing plan and how it will capitalize off international growth.
From dire wolves to new species targets, scientists at Colossal Biosciences are using gene editing to revive extinction and reshape biodiversity as we know it.
R.J. Hottovy, Head of Analytical Research at Placer.ai, breaks down restaurant trends, pricing power, and which chains are winning this earnings season.
William Shatner and LifeWave CEO David Schmidt share lessons from his “world’s oldest intern” experience and offer advice for young professionals starting out.
The Live Nation ruling is in. Diana Moss of the Progressive Policy Institute joins us to unpack what it means for competition, consumers, and live music.
