Netflix Performance & Subscriber Growth - Netflix exceeded expectations in both revenue and earnings, driven by strong subscriber growth and advertising sales [1] - Netflix's subscriber growth and average revenue per user are performing well, demonstrating elasticity against price increases [3] - Netflix's engagement per person has decreased from 65 hours per month to over 50 hours per month since 2023, but remains substantial [7] Content & Engagement - "Squid Game" is a significant driver of engagement for Netflix, with viewership of previous seasons increasing with new releases [5][6] - Netflix's strategy of sourcing content globally and leveraging it across markets is expected to drive continued engagement [6] - Content remains a critical factor for success, with a need for hit series to drive viewership [4] Competition & Market Dynamics - YouTube and Netflix dominate viewership, but YouTube is a significant competitor for user time [9] - YouTube's growth in US screen time is primarily driven by Shorts, which may be impacting Netflix's time to some extent [10][11] - The media landscape is in flux, with potential consolidation among smaller streaming players [13][14] - The shift from linear TV to streaming is accelerating with the movement of sports content to streaming platforms like Apple and Amazon [15][16] - Advertisers are increasingly leveraging the targeting capabilities of streaming platforms, making it challenging for linear TV to compete [15]

Financial Metrics & Outlook - Netflix's operating margin is forecasted at 29% [1] - The company aims to be judged by normal financial metrics [4] - Focus shifts to content spending, efficiency improvements, cash flow, and earnings in place of subscriber numbers [5] Subscriber & Engagement Analysis - Netflix will no longer report subscriber numbers [1] - Engagement, especially with a strong second-half lineup, will be a key metric [1] - Subscriber growth in the US is largely saturated [5] Ad Revenue & Strategy - Netflix is focused on growing ad revenue on its platform [3] - The company is embracing live events like sports to boost the ad business [3] - Netflix is exploring ad-supported tiers, potentially generating more revenue per user than higher-priced, ad-free tiers if viewership is high enough [9] Competition - Competition from newer entrants like YouTube and TikTok is a point of interest [6] Stock Performance - Netflix's stock is up 41% year-to-date in 2025 [4] - There are questions about whether current expectations are already priced into the stock [4]

isn't I don't know if that's awesome. Right. But Zentner will have some Texas charm on that.So I'll leave that to I'll leave that to her. Yeah. >> AP welcome home.Thanks for the time today. >> Great. Yeah.Great to be with you. >> Adam Parker. We, of course, are counting down to Netflix earnings after the bell.Joining us now with what to watch is big technology founder Alex Kantrowitz and Netflix shareholder Jason Knight. Both are CNBC contributors. Afternoon, gentlemen.Good to see you both. >> Good to see y ...

Streaming Performance - The children's cartoon "Bluey" has been streamed for over 25 billion minutes this year [1] - "Bluey"'s streaming performance surpasses that of popular shows like "Squid Game," "Reacher," and "The Night Agent" [1]

I'm not going to I'm not betting against AMJ here. He's got great momentum. Great moment.Let's get the opening bell here. It's a fun one. Uh at the CNBC Real Time Exchange at the big board, we've got Disneyland ringing the bell from California.Disneyland celebrating its 70th anniversary. There's Bob Iger doing the honors along with Josh Camaro. At the NASDAQ, it's Lisa Hawkstein, cast member of Braavos, The Real Housewives of Miami.Jim, as we've gotten some higher targets on Disney last couple weeks, stop w ...

Streaming Performance - The children's cartoon "Bluey" has been streamed for over 25 billion minutes this year [1] - "Bluey"'s streaming performance surpasses that of popular shows like "Squid Game," "Reacher," and "The Night Agent" [1]

Industry Trends - Streaming hits like 'Love Island' are contributing to an all-time low in broadcast TV viewership [1] Viewership Data - Broadcast TV viewership is experiencing a significant decline [1]

Popularity & Streaming Performance - The children's cartoon "Bluey" has been streamed for over 25 billion minutes this year [1] - "Bluey" surpasses popular streaming shows like "Squid Game," "Reacher," and "The Night Agent" in viewership [1]

Streaming Performance - "Bluey" surpasses popular streaming originals like "Squid Game" in viewership [1]

Popularity & Ranking - "Bluey" surpasses top streaming originals, including "Squid Game" [1]