Latest news with #SimonCowell:TheNextAct
Business Insider
2 days ago
- Business
- Business Insider
'Priced for Explosive Growth': Netflix Stock (NASDAQ:NFLX) Gains Despite Growth Concerns
Streaming giant Netflix (NFLX) may be about to be a victim of its own success. While it has certainly delivered the kind of numbers that make a four-figure-per-share price tag look almost reasonable, there are mounting concerns that Netflix simply cannot keep that kind of growth going forever. Regardless, shareholders are on board, and shares were up over 1.5% in the closing minutes of Monday's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Basically, Netflix is doing great right now. It has already raised its guidance once, and that modified guidance looks like it will ultimately happen. Netflix is on track to pull in $13.5 billion in operating income for the year in 2025, and that blows its nearest competitor Disney (DIS) out of the water by better than 10-to-one. However, there is a potentially fatal flaw lurking here. Netflix stock is priced like Netflix will see explosive growth, running somewhere in the neighborhood of 44 times projected earnings. Granted, Netflix has ambitious internal goals, including hitting the $1 trillion market cap point by 2030. And while Netflix hopes to double its ad business this year, there are still plenty of ways these ambitious targets may falter. And as earlier assessments from about three weeks ago made clear: any disappointment would be a risk. Growth Fodder But Netflix is not resting idle. Growth requires new properties, and new fodder. Indeed, Netflix is poised to take a bit of a risk, hoping that lightning will strike twice in the video game adaptation field. Netflix had a winner with The Witcher, and looks to follow that up with an Assassin's Creed series next. The series is poised to give us '…power and violence and sex and greed and vengeance,' which suggests it will find brisk viewership for at least a couple of episodes. Further, Netflix will also be bringing in, or bringing back, a slew of reality series shows as well. Harry Jowsey's search for love will come to a head with Let's Marry Harry, and Simon Cowell: The Next Act will give us the snarky American Idol judge in his element: creating a boy band from scratch. Further on tap is just about everything from young chefs to bodybuilders and well beyond, so chances are, finding something to watch on Netflix should be just a few remote button presses away. Is Netflix Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on NFLX stock based on 26 Buys and 10 Holds assigned in the past three months, as indicated by the graphic below. After a 86.76% rally in its share price over the past year, the average NFLX price target of $1,413 per share implies 14.52% downside risk.
New Straits Times
3 days ago
- Entertainment
- New Straits Times
#SHOWBIZ: Simon Cowell teams up with Netflix for new boy band docuseries
LONDON: Music mogul and reality show judge Simon Cowell, 65, has partnered with Netflix to create 'Simon Cowell: The Next Act', a docuseries set to launch this December. According to AsiaOne, the series will see Cowell – who has had immense success with TV shows such as The X Factor and America's Got Talent – search for the next big boy band sensation. The show's logline states: "What Simon says goes. And what Simon's saying right now is that the world is in serious need of its next boy band sensation. The music mogul and record executive has created some of the biggest music superstars in the world, and in this docuseries, he sets out to do it once again." The docuseries promises to offer viewers an "intimate" look at Cowell's business approach. The logline further adds: "Viewers will get an even more intimate look at Cowell's process and unparalleled ability to identify and foster talent. Through his production company, Syco Entertainment, he has launched the careers of notable pop groups like One Direction, Little Mix, and Fifth Harmony."
Daily Mirror
6 days ago
- Entertainment
- Daily Mirror
Simon Cowell 'fronting new talent show' to find next Little Mix
Simon Cowell is searching for 'the next global boy band sensation' in a new Netflix show set to air later this year - and it's thought a girl band follow up won't be too far behind Simon Cowell is reportedly set to front new TV talent shows to find the next big girl and boy bands. The music mogul is already thought to have wrapped filming on a new Netflix show called Simon Cowell: The Next Act, which will follow the 65-year-old record producer as he tries to find "the next global boy band sensation". In the past he has helped launch the careers of huge boy bands like One Direction and Westlife and is hoping to replicate this success again in 2025. The six episode series will air on the streaming giant in December, though it doesn't have a confirmed date yet. And it's reported Simon will follow this up with another brand new talent show - this time to find the next big girl band. While on The X Factor, he catapulted Little Mix to fame and is said to be hoping to find the next budding female pop stars to turn into a global success. A source told The Sun: "There's a huge amount of excitement around the boyband search show dropping on Netflix, which is expected to drop later this year. So it makes sense to consider a sequel with a similar concept but looking for the female equivalent. "And if anyone can do it, it's Simon. After all, through One Direction and Little Mix, he helped deliver two of the biggest pop acts of the last two decades." The follow up is not thought to have been commissioned just yet, as Netflix is said to be unlikely to seal the deal on a second series before the first has aired later this year. But it is thought that Simon has it in the bag. The Mirror has approached Simon's reps for comment. It comes after Simon recently revealed why he wears rose-tinted glasses on set - and it isn't a fashion statement. The Britain's Got Talent judge shared: "I just found out according to the internet, I have a 'mystery illness." He told fans on Instagram: "For anyone concerned, I missed two auditions at the end of one day, two weeks ago, because I do get migraines after long days in the filming lights. PS. This is why I wear these glasses!" So let's hope Simon didn't have to endure too many bright lights filming his latest TV show. Headaches and migraines are frequently mixed up, but migraines specifically describe intense, pulsating pain often concentrated on one side. Typically, this pain can persist anywhere from two hours up to three days. Some people endure migraines multiple times a week, whereas others encounter them less often. Further symptoms may include fatigue, food cravings, mood swings, and increased urination, although these tend to decrease in severity with age. The exact cause of migraines remains uncertain, but known triggers include anxiety, menstruation, unhealthy eating habits, and excessive caffeine intake. TV Doctor Dawn Harper explained: "Migraines classically are one-sided headaches often associated with nausea, quite often actually make you sick. Usually, people feel they have to just lie down in a darkened room. "They don't like the lights and they feel, they really are severe headaches, which last for several hours. And then some poor folk will last for two or three days. A migraine can be very frightening."
Scottish Sun
6 days ago
- Entertainment
- Scottish Sun
Simon Cowell set to launch ANOTHER new TV talent contest amid ‘huge excitement' around his Netflix boyband search show
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SIMON Cowell is lining up another TV talent contest — this time about the search for the next Little Mix. It comes as the record producer, who helped the girl group find success on the X Factor in 2011, is about to wrap filming on his hunt for a hit boyband. Sign up for the Entertainment newsletter Sign up 1 Simon Cowell is planning a follow-up to his new talent show on Netflix, to focus on girl groups. The mogul pictured with Little Mix Credit: Splash News Simon Cowell: The Next Act, which will stream on Netflix, follows the music mogul, 65, as he goes on a quest to find the next One Direction. And he is planning a sequel where he does the same for budding female pop stars A TV insider said: 'There's huge amount of excitement around the boyband search show dropping on Netflix, which is expected to drop later this year. 'So it makes sense to consider a sequel with a similar concept but looking for the female equivalent. 'And if anyone can do it, it's Simon. After all, through One Direction and Little Mix, he helped deliver two of the biggest pop acts of the last two decades.' The Next Act was this week confirmed by Netflix as part of its slate of big programmes coming over the next 12 months. The follow-up has not been commissioned yet — and Netflix is unlikely to seal the deal on a second series before the first had aired. But Simon was so confident in his boyband search concept that he set out on it before it was confirmed that Netflix would pick it up. Filming started last year, with US production company Box to Box following Simon as he auditioned youngsters across the UK and Ireland. Top 10 Funniest X-Factor moments Representatives for Simon declined to comment.
RTÉ News
6 days ago
- Entertainment
- RTÉ News
Simon Cowell searches for new boyband in Netflix docuseries
Simon Cowell is to search for the next big boyband in a new Netflix docuseries. The man behind the success of One Direction stars in Simon Cowell: The Next Act, which sees him hold open casting calls before releasing the debut single of a new music group. The 65-year-old announced he was launching a search for a new pop group in June 2024. He told the PA news agency at the time: "I would pray to find a band as good as One Direction and to find the records as good as they made. There are so many factors involved to make a band successful all over the world." Through Cowell's production company, Syco Entertainment, which is known for Britain's Got Talent, The X Factor, and The Greatest Dancer, the music mogul has helped to launch the careers of pop bands including One Direction, Little Mix, and Fifth Harmony. One Direction, comprising Harry Styles, Liam Payne, Niall Horan, Louis Tomlinson, and Zayn Malik, were formed on The X Factor in 2010. The boyband had hits with songs including What Makes You Beautiful and Best Song Ever before going on an "extended hiatus" in 2016. In October 2024, Payne died at the age of 31 after falling from the third-floor balcony of a hotel in Argentina. The new six-episode docuseries will stream on Netflix in December 2025. The search was documented by a TV crew from Box to Box Films, the company behind Formula 1: Drive to Survive. News of the show was announced alongside a slate of new unscripted Netflix series, including the reality shows Let's Marry Harry and Calabasas Confidential.
