Netflix to post update after Warner Bros tussle and bosses face questions
Netflix bosses will face questions this week over their plans after losing out in the battle for Warner Bros.
The streaming giant was gazumped by rival Paramount, which tabled a £82billion bid for the Hollywood studio behind films such as Goodfellas and the Harry Potter saga.
However, Netflix shares have surged more than 20 per cent since it walked away from the tussle in February.
Looking at the numbers: Investors in the maker of hit shows such as Bridgerton (pictured) will be hoping for a fresh boost when it posts first-quarter results
And investors in the maker of hit shows such as Bridgerton and Stranger Things will be hoping for a fresh boost when it posts first-quarter numbers on Thursday, with revenues expected to come in at just over £9billion.
Matt Britzman at broker Hargreaves Lansdown said: ‘First-quarter results will hopefully offer a steer on how management plans to balance growth ambitions with profitability from here.’
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
Freetrade
Freetrade
Investing Isa now free on basic plan
Trading 212
Trading 212
Free share dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.