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NETFLIX, INC.

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Netflix : acquires 'Don't Look Up' with Jennifer Lawrence

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02/19/2020 | 03:08pm EDT

Netflix has acquired a new comedy film starring Jennifer Lawrence.

The streaming service announced in a press release Wednesday that it picked up the rights to Don't Look Up, written, directed and produced by The Big Short helmer Adam McKay.

Don't Look Up follows two low-level astronomers, who embark on a giant media tour to warn mankind of an approaching asteroid that will destroy Earth.

"I'm so thrilled to make this movie with Jen Lawrence. She's what folks in the 17th century used to call 'a dynamite act.' And the fact that Netflix sees this movie as a worldwide comedy sets the bar high for me and my team in an exciting and motivating way," McKay said in a statement.

McKay is also known for the films Anchorman: The Legend of Ron Burgundy, Step Brothers and Vice.

"Adam has always had great timing when it comes to making smart, relevant and irreverent films that depict our culture," Netflix head of films Scott Stuber said. "Even if he somehow ends up predicting planet Earth's imminent demise, we're excited to add this to our slate before it all comes to an end."

Principal photography on Don't Look Up will begin in April. The film will debut on Netflix later this year.

Lawrence most recently appeared in the X-Men movie Dark Phoenix. She will star in and produce the upcoming film Red, White and Water.

Copyright 2020 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent., source Entertainment News

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Financials (USD)
Sales 2020 24 326 M
EBIT 2020 3 932 M
Net income 2020 2 701 M
Debt 2020 12 116 M
Yield 2020 -
P/E ratio 2020 62,0x
P/E ratio 2021 44,6x
EV / Sales2020 7,17x
EV / Sales2021 6,11x
Capitalization 162 B
Chart NETFLIX, INC.
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Netflix, Inc. Technical Analysis Chart | NFLX | US64110L1061 | MarketScreener
Technical analysis trends NETFLIX, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 42
Average target price 371,51  $
Last Close Price 370,08  $
Spread / Highest target 31,6%
Spread / Average Target 0,39%
Spread / Lowest Target -59,5%
EPS Revisions
Managers
NameTitle
Wilmot Reed Hastings Chairman, President, & Chief Executive Officer
Spencer Adam Neumann Chief Financial Officer
Jay Crandall Hoag Lead Independent Director
Richard N. Barton Independent Director
Timothy M. Haley Independent Director
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