Disney Deals Big Hand to Netflix

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Kim and John discuss the big deal that Netflix did with the Walt Disney Company to carry that studio's content exclusively starting in 2016. This moves Netflix from a company that overpays for old movies and television reruns to a player in the VOD space. Netflix is hoping with this news and the launch of some original programming -- namely the David Fincher produced/Kevin Spacey starring House of Cards -- they will turn their stock price and their subscriber numbers around.

LINKS:

http://articles.latimes.com/2012/dec/04/business/la-fi-ct-disney-netflix-20121205

http://en.wikipedia.org/wiki/House_of_Cards_(U.S._TV_series)

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