Netflix's sports push likely fueled subscriber growth in holiday quarter
1. Netflix expects over 9 million new subscribers from sports events. 2. Success of boxing and NFL games significantly boosted subscriber growth.
FAQ
Why Bullish?
Increased subscribers can lead to higher revenue, similar to past successes with original content.
How important is it?
Subscriber growth directly influences Netflix's revenue and stock performance.
Why Short Term?
Subscriber growth is immediate, affecting revenue in the upcoming quarter.