Matt Damon Reveals Netflix's Action Movie Strategy: Action in First Five Minutes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4h ago
0mins
Source: Benzinga
- New Action Standards: Matt Damon revealed on a podcast that Netflix is pushing for action scenes to occur within the first five minutes of films to capture viewer attention, a strategy that starkly contrasts with traditional film structures and may impact viewer engagement.
- Plot Reiteration Strategy: Damon mentioned that Netflix suggests reiterating plot points multiple times to accommodate viewers who might be distracted by their phones, aiming to enhance audience engagement and comprehension of the storyline.
- Exceptions Noted: Ben Affleck pointed out that not all Netflix productions follow this new standard, citing the single-take crime miniseries 'Adolescence' as an example that showcases the potential to tell compelling stories without adhering to the new guidelines.
- Evolving Competitive Landscape: Amidst the rapidly changing streaming industry, Netflix is not only adjusting its content strategies but is also engaged in a cash acquisition battle against Paramount Skydance to fend off a hostile bid for Warner Bros. Discovery, highlighting the fierce competition in the market.
Analyst Views on NFLX
Wall Street analysts forecast NFLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFLX is 139.13 USD with a low forecast of 95.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
36 Analyst Rating
28 Buy
7 Hold
1 Sell
Strong Buy
Current: 88.050
Low
95.00
Averages
139.13
High
160.00
Current: 88.050
Low
95.00
Averages
139.13
High
160.00
About NFLX
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. It provides paid memberships in over 190 countries offering television (TV) series, films and games across a variety of genres and languages. It allows members to play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. It is engaged in scaling its streaming service, such as introducing games and advertising on its service, as well as offering live programming. It is developing technology and utilizing third-party cloud computing, technology and other services. The Company is also engaged in scaling its own studio operations to produce original content.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
