Report
João Calado

BiG Research Flash Note: Netflix

Netflix is a US media company that started as a distributor of DVDs and later was
converted to a streaming service of video content. At the end of 2018, had 139mn paid
subscribers. Netflix is already present in most countries, with exception of China. Netflix
allows its users to have access to multiple tv shows and movies and choose what to watch
whenever they want.

Underlying
Netflix Inc.

Netflix is engaged in subscription streaming entertainment service including TV series, documentaries and feature films across a variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, without commercials. Additionally, several members in the United States subscribe to the company's DVD-by-mail service. The company improves its streaming content with a focus on a programming mix of content. The company's members can download a selection of titles for offline viewing. The company operates its business as a global operating segment.

Provider
BiG Research
BiG Research

Banco de Investimento Global, S.A. (BiG) is a privately-held, specialized financial institution, with headquarters in Lisbon, and is licensed to operate in all business areas open to the banking sector in Portugal.

BiG Research specializes in finding long term investment ideas in European and US markets.

Analysts
João Calado

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