Amid Controversy, Netflix Earnings In Focus for Wall Street

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As fallout from a Dave Chappelle special makes headlines, observers will also look for updates on new business initiatives, such as a push into video games and consumer products.

’s stock has gained as of late and even hit an all-time high earlier in October as investor sentiment turned more positive on the launch of global successDave Chappelle: The Closer

on Oct. 5, the streaming giant has been at the center of a growing controversy over multiple remarks made by Chappelle in the comedy special that mocked gender identities. LGBTQ advocacy nonprofit GLAADChappelle’s brand as “synonymous with ridiculing trans people and other marginalized communities.” Additionally, co-chief Ted Sarandos’ defense of the special, in one memo saying that “content on screen doesn’t directly translate to real-world harm” drew additional criticism.

 

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this 'fallout' narrative is so much wishful thinking. Netflix standing their ground will be remembered as one of the moments that turned the tide.

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