Netflix CEO Reed Hastings could have come bad news for investors next week.Getty Images for The New Yorker
Netflix has bet that its original series will draw in new subscribers and help retain older ones.
If Netflix missed its subscriber targets for the second quarter, you can blame its lineup of original series — or, to be more accurate, the holes in that lineup.
The streaming media giant released few notable Netflix Originals in the its most recent quarter, noted Michael Pachter, a financial analyst who covers the company for Wedbush, in a research note Wednesday.
That could be problematic for the company and its investors when it reports its second-quarter results Monday.
"We expect domestic net subscriber additions ... to fall below our estimate," Pachter said.