Netflix NFLX has embarked on an enthralling partnership with the Duke and Duchess of Sussex to bring forth two captivating nonfiction series. Harry and Meghan’s Archewell Productions will spearhead the production of both shows. Currently in their nascent stages, the titles and release dates of these series will soon be unveiled in the upcoming months.
Heading the first series is Meghan, who will elevate the essence of cooking, gardening, entertainment, and camaraderie. Co-produced by Sony Pictures Television, the show will be helmed by Leah Hariton and directed by Michael Steed, with Meghan taking on the role of one of the executive producers through Archewell Productions.
The second series is set to shine a spotlight on professional polo, a sport that holds a special place in Harry’s heart. It will showcase top-tier players along with a glimpse into the social scene revolving around the sport. Co-produced by Boardwalk Pictures, the show will be led by showrunner Miloš Balač, while Harry and Meghan will serve as executive producers.
These innovative projects form part of the comprehensive agreement the couple struck with Netflix back in 2020. Prior to this, they have rolled out three docuseries, namely, Harry & Meghan, Heart of Invictus, and Live to Lead, in collaboration with the streaming giant. Additionally, they harbor other endeavors in the pipeline, such as Meghan’s lifestyle brand based in Montecito, California – American Riviera Orchard, and an upcoming Netflix film adaptation of the novel Meet Me at the Lake.
Shares of this Zacks Rank #3 (Hold) company have yielded a robust return of 29.1% year to date, starkly outperforming the Zacks Consumer Discretionary sector’s decline of 0.7%. This monumental achievement can be ascribed to the resounding success of Netflix’s original content.
Netflix, Inc. Price and Consensus
Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote
Netflix’s Content Strategy to Stay Relevant
Netflix’s unwavering focus on premium content remains a cornerstone of its strategy. In the pipeline are upcoming series like Goodbye Earth, City Hunter, and Heeramandi: The Diamond Bazaar. These shows are anticipated to fortify its position against industry titans such as Amazon Prime Video, Fox Nation, and Disney.
Amazon has emerged as a formidable contender in the streaming sphere, proffering a diverse array of films and television series through its Prime Video platform. In a bid to allure new subscribers, Amazon is diligently working on intriguing projects like the inaugural season of The GOAT, as well as the sophomore seasons of Outer Range and Them: The Scare.
Fox Nation, the subscription video-on-demand service affiliated with Fox News Channel, is gearing up for forthcoming shows including Surviving Hamas: A Benjamin Hall Special, Unsolved with James Patterson, and Martin Scorsese Presents: THE SAINTS. These endeavors are projected to fuel the company’s revenue trajectory in the forthcoming quarters.
Disney’s streaming platform, Disney+, showcases a plethora of content from Walt Disney Studios and Disney Television Studios. Among its upcoming offerings are Doctor Who, The Acolyte, and Ironheart.
Netflix’s introduction of Goodbye Earth, a Korean series narrating a world grappling with a looming asteroid strike set to occur in 200 days, is set to premiere on April 26. The newly unveiled trailer unveils the chaos as the Korean peninsula transitions into a danger zone, rife with protests, escalating crime rates, and widespread panic, with individuals resorting to impersonating soldiers amid the pandemonium.
City Hunter offers a live-action adaptation of the beloved manga series. Centered around Ryo Saeba, a skilled “sweeper” who tackles underworld issues with his formidable physical abilities, marksmanship prowess, and suave demeanor. Exclusive streaming for viewers commences on Netflix from April 25.
The highly anticipated Indian series, Heeramandi: The Diamond Bazaar, directed by the visionary Sanjay Leela Bhansali, has released a trailer filled with intrigue, passion, and drama, providing viewers a captivating glimpse into the realm of Heeramandi. The series is slated to premiere exclusively on May 1.
These imminent shows are anticipated to further bolster Netflix’s streaming revenues. The Zacks Consensus Estimate price for Netflix’s streaming revenues in 2024 stands at $38.7 billion, signaling a 15% year-over-year increase. The consensus earnings forecast is pegged at $17.02 per share, projecting a substantial 41.48% year-over-year ascension.
Highest Returns for Any Asset Class
Bitcoin has undoubtedly outperformed all other decentralized, borderless forms of currency, despite experiencing fluctuations. Over the previous three presidential election years, Bitcoin showcased remarkable returns: 2012 +272.4%, 2016 +161.1%, and 2020 +302.8%. Zacks anticipates another significant surge in the forthcoming months.
Hurry, Download Special Report – It’s FREE >>
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
The Walt Disney Company (DIS) : Free Stock Analysis Report
Fox Corporation (FOXA) : Free Stock Analysis Report