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The Latest Breaking News from Jason Bazinet

A rare Netflix skeptic on Wall Street says it fails the grandmother test: The winner of the streaming wars will have to do too much to stay on top

Citi's Jason Bazinet downgraded Netflix because of its narrative. "If you can explain a story in two lines to your grandmother, that will get a higher multiple"

Citigroup Downgrades Netflix, Predicts It’ll End Up Spending North of $20 Billion on Content Post-Strike

Citigroup Downgrades Netflix, Predicts It’ll End Up Spending North of $20 Billion on Content Post-Strike

Analyst Jason Bazinet also predicts revenue growth will shrink for the streaming giant

Multichannel News

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

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The Disney-Charter cable TV dispute could cost Disney up to $2.3 billion—it all depends on how many customers ditch cable for good

Disney is banking on Charter’s customers switching to streaming services that carry Disney-owned channels.

Stock Market Indexes See More Green As Health Care Stocks Hit Buy Points

The major stock market indexes are near the highs of the day at midday.

Investors Business Daily

The Crisis At Disney: Part 4, Can Disney Conquer NFTs And The Metaverse?

This is the fourth and final installment in Benzinga's "The Crisis at Disney"

Here's Why Citi Remains Bullish On Disney Despite Slashing Price Target By 5%

Citi analyst Jason Bazinet lowered the firm's price target on The Walt Disney Co (NYSE:DIS) to $200 from $210 and reiterated a Buy rating on the shares. The price target implies an upside of 30%. Related Content: Here's Why Barron's Is Bullish On Disney Post Q1 The company posted strong fiscal Q1 results driven by better than expected…

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Why Netflix Shares Are Rising Today

Why Netflix Shares Are Rising Today

Netflix Inc (NASDAQ: NFLX) is trading higher Monday morning following positive analyst coverage from Citigroup. Citigroup analyst Jason Bazinet upgraded Netflix from a Neutral rating to a Buy rating and announced a $450 price target.

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