Get the latest news on Goldman Sachs Innovate Equity ETF stock with updates on market trends, financials, and analysis from Benzinga. Stay informed on GINN performance

Latest Goldman Sachs Innovate Equity ETF  News | ARCA:GINN | Benzinga

Technology

Healthcare

Consumer Cyclical

Financial Services

Communication Services

Industrials

Other

Utilities

Consumer Defensive

Energy

Real Estate

The Fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index

Nvidia Corp.

Apple Inc

Microsoft Corp

Alphabet Inc.Class A

Amazon.Com Inc

Meta Platforms, Inc.

Tesla, Inc.

Eli Lilly & Co.

Alibaba Group Holding Ltd

Broadcom Inc

Goldman Sachs Innovate Equity ETF

6 New Netflix Releases To Look Forward To In August

Asia

Entertainment

News

Media

GINN

NFLX

Sony Group Corporation American Depositary Shares

SONY

WLTG

 Netflix Inc&#39;s Japan subscribers doubled to 10M, prefer Japanese content like &#39;Tokyo Swindlers&#39; and &#39;One Piece&#39; as Sony considers buying Kadokawa.Netflix Japan subscribers hit 10M, doubling in 4 years. Japanese content, like &#39;Tokyo Swindlers&#39; and &#39;One Piece,&#39; popular. Sony may buy Kadokawa.

Netflix Tops 10 Million Subscribers In Japan

Netflix Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) Japan subscribers crossed the 10 million mark in the first half of 2024, doubling in the last four years, as the <a href="https://www.benzinga.com/topic/streaming" target="_blank" rel="noreferrer noopener">streaming</a> giant&#8217;s Japanese-language content, including &#8220;Tokyo Swindlers,&#8221; &#8220;The Queen of Villains&#8221; and &#8220;The Boyfriend&#8221; gain traction.



Kaata Sakamoto, VP of content for Japan, told Reuters that the country prefers Japanese-language content.



Only two English-language series, including &#8220;One Piece&#8221; and the fourth season of &#8220;Stranger Things,&#8221; made a mark in Japan.



Also Read: <a href="https://www.benzinga.com/news/24/07/39886297/apple-adjusts-hollywood-approach-cuts-costs-on-original-shows-report" target="_blank" rel="noreferrer noopener">Apple Slashes Hollywood Strategy, Pulls Back On Streaming Ambitions As Netflix Dominates: Report</a>



In September, Netflix inked a five-year deal with the director of &#8220;Tokyo Swindlers&#8221; Hitoshi One, about a team of real estate crooks.



Netflix told Reuters that Japanese content is its third-most-viewed non-English content after Korean and Spanish, and its anime titles amassed over 1 billion views globally in 2023.



Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) <a href="https://www.benzinga.com/markets/emerging-markets/24/11/42068742/sony-eyes-japans-kadokawa-to-strengthen-gaming-and-anime-dominance" target="_blank" rel="noreferrer noopener">is reportedly considering</a> the acquisition of Japanese publisher Kadokawa to expand its gaming and anime moat.



Jefferies has identified Netflix as one of the <a href="https://www.benzinga.com/general/entertainment/24/10/41323029/netflix-one-of-the-key-beneficiaries-of-60b-anime-boom-says-jefferies-here-are-the-others" target="_blank" rel="noreferrer noopener">key beneficiaries of</a> the booming anime industry apart from Sony. It flagged the global impact of Japanese anime IP, with the top six franchises generating an aggregate revenue of $311 billion.



Netflix has also ramped up <a href="https://www.benzinga.com/markets/asia/24/06/39393663/netflix-bets-big-on-smallest-southeast-asian-market-expands-local-content-production-to-replicate-sq" target="_blank" rel="noreferrer noopener">local content production</a> in Southeast Asia, preferably in Indonesia and Thailand, following the success of the South Korean hit &#8220;Squid Game.&#8221;



Netflix stock surged 93% year-to-date. The company reported <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf" rel="noreferrer noopener">third-quarter revenue</a> of $9.83 billion, up 15%, topping the Street consensus of $9.77 billion. EPS of $5.40 surpassed the Street estimate of $5.12.



Netflix ended the quarter with 282.72 million global paid subscribers, up 14.4%. It added 5.07 million new paid subscribers in the quarter.



The streaming giant projected fourth-quarter revenue of $10.13 billion, below the analyst consensus of $10.14 billion and EPS of $4.23, compared to the analyst consensus of $4.21.



Investors can gain exposure to Netflix through Goldman Sachs Innovate Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GINN#NYSE">GINN</a>) and ETF Opportunities Trust WealthTrust DBS Long Term Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLTG#NYSE">WLTG</a>).



Price Action: NFLX stock is up 1.4% at $914.51 at last check Wednesday.



Also Read:



<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42296590/zjk-industrial-surges-after-nvidia-ai-server-deal" target="_blank" rel="noreferrer noopener">ZJK Industrial Surges On Nvidia Liquid Cooling Collaboration (UPDATED)</a></li>
</ul>



Photo: Shutterstock

Comments

Goldman Sachs Innovate Equity ETF Stock News

News

Latest Goldman Sachs Innovate Equity ETF News | ARCA:GINN | Benzinga

Wednesday, December 04, 2024

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga