Netflix is due for good news and ‘The Irishman’ could be the answer, says JP Morgan

Investing

Robert De Niro, Al Pacino and Ray Romano star in Martin Scorsese’s “The Irishman.”

Netflix

Netflix’s biggest-ever film investment launches on Wednesday and J.P. Morgan said “The Irishman” could be the catalyst Netflix needs to boost momentum around the stock.

After spending $100 million in production on the three-hour-and-30-minute Martin Scorsese film, Netflix is betting the picture will drive sign-ups to its platform for those wanting to see the Robert De Niro, Al Pacino and Joe Pesci-led gangster film.

Articles You May Like

Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Renting a yacht in the Mediterranean this summer just got cheaper
Chinese tech giant Tencent sees spending surge, defends potential ‘superior’ AI returns
How the market is trading gold as Fed rate hike and inflation odds shift

Leave a Reply

Your email address will not be published. Required fields are marked *