Jessica Ehrlich, BofA Global Securities senior U.S. media and entertainment analyst, joins 'The Exchange' to discuss her bull case for Netflix and the company's initiation of the stock, two areas of the company's business she is bullish on and whether the worst is over for Netflix in the short-term. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis.