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

How the market is trading gold as Fed rate hike and inflation odds shift
‘Tougher times ahead’: Don’t expect blowout returns to continue, CEO of $2.3 trillion fund warns after record first half
‘I never heard of the Strait of Hormuz before this’: How one medical supply CEO is navigating the oil price shock
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

Leave a Reply

Your email address will not be published.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