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

Workers are dobbing in more employers than ever, and the Fair Work Ombudsman is chasing $453m
As AI becomes more fractured, one name stands out: AMD
Intel plunges on a major guidance miss. What went wrong — and how to proceed
Fuel bills are clipping airline wings, and Western Sydney’s new airport feels it
Where Cramer stands on two beaten-down aerospace stocks — and the one to buy

Leave a Reply

Your email address will not be published.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