HomeLifestyleMediaNetflix (NFLX) Is Restructuring Its Film Group

Netflix (NFLX) Is Restructuring Its Film Group

Netflix (NFLX) is restructuring its film group according to Bloomberg. Alex Coffey and Jenny Horne discuss NFLX as its scaling back its output to ensure high quality titles and centralize decision-making. They also talk about how NFLX is working on a video game service for TV. They then go over how NFLX will combine its small and mid-sized picture production units. Alex then demonstrates an example trade using NFLX. The trade type is buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.

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