Home Most Popular Investing Netflix (NFLX) Resurrects Onimusha with Epic Anime Revival

Netflix (NFLX) Resurrects Onimusha with Epic Anime Revival

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Netflix (NFLX) Resurrects Onimusha with Epic Anime Revival

Global streaming giant Netflix (NFLX) is bringing back the beloved video game franchise Onimusha with an exciting new anime series. Set to premiere on November 2, the show aims to revolutionize the genre with its unique blend of traditional and modern animation techniques.

The series, supervised by Takashi Miike and directed by Shinya Sugai, follows the story of Miyamoto Musashi during the peaceful Edo Period. Musashi embarks on a secret mission, armed with the powerful “Oni Gauntlet,” to confront hidden demons. The emotional depth of the story is enhanced by the theme song THE LONELIEST by Maneskin.

One of the standout features of the anime is its fusion of cutting-edge 3D CGI character animations and beautifully hand-drawn backgrounds. This combination offers a fresh and immersive experience that will appeal to both longtime fans of the game and newcomers.

Netflix’s Strong Performance and Growth Opportunities

Netflix shares have outperformed the Consumer Discretionary sector, returning 30.6% year to date. The company’s success can be attributed to its expanding subscriber base and strong content offerings.

Netflix vs. Competitors

While Netflix has outperformed Disney (DIS), it has been surpassed by Amazon (AMZN) and Apple (AAPL) in terms of stock performance. Apple and Amazon have seen returns of 35.1% and 61.1% respectively, while Disney’s shares have declined 2.8%.

Despite strong competition, Netflix has a diverse content portfolio and a strong partner base. The company recently launched four new games as part of its strategy to keep subscribers engaged. Netflix expects revenue growth to accelerate in the second half of 2023, driven by new content offerings and the launch of its paid sharing initiative.

For the third quarter of 2023, Netflix forecasts earnings of $3.52 per share, representing a nearly 10% increase from the previous year. Total revenues are expected to reach $8.52 billion, up 7% year over year.

The Zacks Consensus Estimate for Netflix’s third-quarter revenue is $8.53 billion, reflecting a 7.59% year-over-year growth. The consensus estimate for earnings has increased to $3.49 per share.

Overall, Netflix’s expanding portfolio and proactive growth strategies position it well for continued success in the streaming market.