Netflix Cruises, But Will Live Sports, Events Drive More Growth?
1. Netflix topped earnings expectations, driven by popular returning shows. 2. Shares fell $20 post-earnings, yet have surged 128% year-over-year. 3. Content spending could rise to $18 billion, including potential live sports rights. 4. AI tools may enhance content creation, optimizing ad-targeting and recommendations. 5. Netflix maintains strong low churn at 2%, despite higher subscription prices.