Netflix wins both on the market and in the studio – The Wall Street Journal
JOHANNESBURG — Next week Netflix will get a chance to validate the $46 billion added to its market value since the company's earnings report in April. Analysts are divided, with UBS getting less bullish over the internet group's shares, lowering its rating to neutral from a buy, citing the high valuation. And while concerns over the valuation are aired, what can't be debated is the quality of the content the company is producing. Netflix, home of The Crown and Stranger Things, ended HBO's 17 year winning streak for the most overall Emmy nominations, receiving 112 compared to HBO's 108. So while analysts question whether Netflix can add enough streaming subscribers in the second quarter, if the Emmy's are a barometer, the content should be attracting in more eyeballs, with all investor eyes turning to those results expected next week. – Stuart Lowman
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