Netflix has signed a deal to stream Disney movies.
First let me say that I was amused by the headline writer for that article calling it a "blockbuster" deal. I wonder if the pun was intended. The deal allows Netflix to stream older movies immediately, direct to video movies starting next year and their first run movies months after release starting in 2016.
The analysis of the deal in the article was lacking though. The reason Wall Street likes this deal is because Carl Icahn's investment has put Netflix into play and this deal with Disney adds value to any potential suitor. How hard is that to understand?
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