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‘Stranger Things’ Offers a Glimmer of Hope During Netflix’s Slump

‘Stranger Things’ was a smash for Netflix this quarter. Everything else? Not so much.

Finn Wolfhard as Mike Wheeler in “Stranger Things.”

Finn Wolfhard as Mike Wheeler in “Stranger Things.”

Source: Netflix

“Stranger Things” is the most popular TV show of the year. Next week, we’ll find out if that’s enough to save Hollywood’s summer.

Netflix Inc. will report results for its most recent fiscal quarter on Tuesday, and every one of its competitors is hoping for good news. Stocks across the industry have slumped ever since Netflix reported it lost customers in the first three months of the year.