Hollywood Breakdown
Disney Deals Big Hand to Netflix
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.
By Kim Masters • • 3m ListenKim 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)
