Netflix News 2017 And The Business End Of Netflix [Video]By Noi Ramirez, UniversityHerald Reporter
Netflix brings additions of films and shows to its database this 2017. The new entrants are a good mix of Netflix originals, movies, and TV series, alongside the best list of classics the service offers in a long time.
2017 caters in classic comedy such as "Caddyshack," modern cult classics like "V for Vendetta," horror movies that include "The Shining." All four "Superman" movies are also up for streaming this month. "E.T. the Extraterrestrial" is also on the list according to Digital Trends. With E.T. alone, phoning home can be replaced with binge watching, the report added.
Perhaps this January's biggest draw albeit having mixed reviews is "Lemony Snicket's A Series of Unfortunate Events," top-billed by Emmy and Tony award winner Neil Patrick Harris as Count Olaf who will stop at nothing to get hold of the Baudelaire orphans inheritance.
The recent in-house hit "Stranger Things" is set to come back July 2017. The surprise hit got so much traction it even caught the attention of Stephen King who Tweeted about the Netflix show last July, short of endorsining it by saying the series might be popular enough to crash Netflix's servers.
My only question about the Netflix series STRANGER THINGS is whether or not it will be popular enough to crash their servers. It might be.
— Stephen King (@StephenKing) July 11, 2016
"Stranger Things" Season 1 was indeed popular; however, it was not enough to crash Netflix's servers as queried by King. Deadline reported, "Luke Cage" turned out to have the worst enemy in technology when it was alleged the show caused the streaming service to crash, leaving bingers in the dark for two hours in October last year.
On the business end of things, Netflix is pulling all stops to create new original programming for its subscriber base, however, such moves were a hit and miss to its stock market performance with some investors silently selling off their holdings. News circulated that some Netflix stockholders invested in the stocks of its competitors like Hulu and Amazon as they became more appealing to investors.
However, Netflix made a comeback hitting a high of $133.70 for its stock valuation. An analyst even pulled an earlier opinion on Netflix stocks from "sell" to "hold." It was a step in the right direction and certainly helped considering Netflix subscriber growth slowed down during most of 2016.
Netflix is about to announce its earnings quarter earnings come Jan. 18. Based on recent stock market valuations, early signs are encouraging. The Wall Street Pit says Netflix's earnings are expected to increase a bit from previous quarters with overall revenue expected to increase 35 percent from this time last year, according to Cinemablend.