Netflix explores licensing its content in apparent reversal

Netflix explores options licensing out shows

  • Netflix (NASDAQ:NFLX) has explored the prospect of licensing out its shows to other distribution outlets in recent months, The Information reports.
  • That would mark a major strategy reversal, not to mention a new revenue stream.
  • Netflix could send its successful original series (which have included such titles as Stranger Things and The Queen's Gambit) to outlets owned by the likes of NBCUniversal and ViacomCBS.
  • And it would mean at least partially buying in to a decades-old model where the periodic content release model emphasized limited availability of programming.
  • The Information points to Netflix's 2018 movie Bird Box, which it's discussed licensing to CBS (VIAC, VIACA), and to Peacock (NASDAQ:CMCSA), which had discussed licensing older movies and shows like 2018 film The Christmas Chronicles.
  • And it could mean Netflix has decided at least that older movies aren't winning or retaining subs, according to the report.

    For this year the company, based in Los Gatos revenue will be around 30.04 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2020's revenue of 25 billion USD.

    Historical revenues and results NetFlix plus estimates 2020

    fundamenteel onderzoek

    The analysts expect for 2021 a net profit of 4.52 billion USD. According to most of the analysts the company will have a profit per share for this book year of 9.92 USD. The price/earnings-ratio is then an extreme 52.44.

    Analysts don't expect the company to pay a dividend. The average dividend yield of the internet companies equals a limited 0.27 percent.

    Recent target prices around 575 USD

    The most recent recommendations for the internet company are from Jefferies & Co., KBC Securities and Cowen and Company.

    NetFlix 's market value equals around 228.29 billion . The NetFlix stock was the past 12 months quite unstable. Since last March the stock is even 74 percent higher. This year the stock price moved between 290 and 593 dollar.

    Historical stock prices NetFlix past 10 years

    fundamental data netflix

    Click here for dividend NetFlix. At 21.00 the stock trades 0.73 percent higher at 520.25 USD.

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