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Netflix Needs Blockbusters to Reverse Its $135 Billion Wipeout

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Entertainment Netflix Needs Blockbusters to Reverse Its $135 Billion Wipeout Netflix Inc. needs to prove that it can produce hit movies and TV series again to stop a slide that has erased more than $135 billion in market value this year. The streaming giant reports earnings after the close Tuesday, and investors will likely be more more attuned to what content executives say is coming over the next six months than the company’s third-quarter numbers.

Entertainment Netflix Needs Blockbusters to Reverse Its $135 Billion Wipeout Netflix Inc. needs to prove that it can produce hit movies and TV series again to stop a slide that has erased more than $135 billion in market value this year. The streaming giant reports earnings after the close Tuesday, and investors will likely be more more attuned to what content executives say is coming over the next six months than the company’s third-quarter numbers.
Netflix (ORG) Netflix Inc. (ORG)
Originally published by Bloomberg Markets Read original →