Reportedly, Netflix (NFLX - Free Report) is strengthening its top executives’ line-up with the recent appointment of Channing Dungey — the former president of ABC Entertainment.
Dungey, who oversaw several popular shows including Scandal and How to Get Away With Murder during her tenure with Disney’s (DIS - Free Report) owned ABC, will now join Netflix as the vice president of original content in February 2019. Her role involves laying out strategic plans for the company’s original content productions including overseeing its deals with top-writers and producers.
Per reports, Dungey will be working with the likes of Shonda Rhimes, Kenya Barris and Jenji Kohan, among others. Also, she will be involved with Higher Ground Productions to produce films and series about the Obama’s as part of their multi-year agreement.
With the streaming platform being flooded with increasing number of original TV shows and movies each quarter, we expect Dungey’s experience to help Netflix produce quality content that may attract subscribers. Per variety, Netflix produced 676 hours of original programming in third-quarter 2018, up 50% sequentially and 133.9% year over year.
Moreover, as big names like Apple (AAPL - Free Report) , Disney and AT & T (T - Free Report) are aggressively pushing to launch their own streaming service, we believe that Dungey’s expertise might help Netflix gain edge over its peers.
Netflix, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Reportedly, Netflix (NFLX - Free Report) is strengthening its top executives’ line-up with the recent appointment of Channing Dungey — the former president of ABC Entertainment.
Dungey, who oversaw several popular shows including Scandal and How to Get Away With Murder during her tenure with Disney’s (DIS - Free Report) owned ABC, will now join Netflix as the vice president of original content in February 2019. Her role involves laying out strategic plans for the company’s original content productions including overseeing its deals with top-writers and producers.
Per reports, Dungey will be working with the likes of Shonda Rhimes, Kenya Barris and Jenji Kohan, among others. Also, she will be involved with Higher Ground Productions to produce films and series about the Obama’s as part of their multi-year agreement.
With the streaming platform being flooded with increasing number of original TV shows and movies each quarter, we expect Dungey’s experience to help Netflix produce quality content that may attract subscribers. Per variety, Netflix produced 676 hours of original programming in third-quarter 2018, up 50% sequentially and 133.9% year over year.
Moreover, as big names like Apple (AAPL - Free Report) , Disney and AT & T (T - Free Report) are aggressively pushing to launch their own streaming service, we believe that Dungey’s expertise might help Netflix gain edge over its peers.
Netflix, Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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