NEW YORK (AP) — Netflix Inc.’s earnings report for the first three months of 2013 will give the video subscription company a chance to show whether its large spending on original content is paying off.
WHAT TO WATCH FOR: Netflix has been investing heavily to acquire rights to movies and television shows for its Internet streaming service, as the company tries to phase out DVDs and eliminate the costs of buying and mailing those discs. The investments include original programming. Netflix made its biggest foray into such programming in February with the debut of “House of Cards,” a political thriller starring Kevin Spacey.
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