Netflix (NASDAQ: NFLX) recently announced plans to get into gaming, starting with mobile games. In this Fool Live segment, recorded on July 15, Fool.com contributors Jeremy Bowman, Brian Withers, and Brian Feroldi discuss Netflix's strengths and weaknesses as it prepares to enter a brand new market. Jeremy Bowman: Then in other big news out yesterday was Netflix is getting into video games.
After months of lackluster performance, Hasbro (NASDAQ: HAS) is finally showing signs of life again following its Q2 2021 earnings update. Total revenue skyrocketed 54% higher than a year ago to $1.32 billion, handily beating many Wall Street analysts' expectations. Hasbro is only just beginning to unlock the value of the TV and movie streaming industry.
Investors found reasons to change the channel on Netflix (NASDAQ: NFLX) this past week. Never mind that Netflix is on pace to add nearly 30 million new members in the past year while boosting profitability. In a conference call with analysts, co-CEOs Ted Sarandos and Reed Hastings explained why they believe the business is stronger than ever, with growth likely to accelerate in late 2021.