This has been a great week for Netflix (NFLX 1.70%) shareholders, with the stock up 5.5%, upon news that the company had signed a deal with Disney (DIS 1.19%) to give Netflix exclusive rights to providing Disney movies, including ones just recently out of theaters. In this video, Motley Fool analyst John Reeves tells us what great news this is for Netflix, just as the competition is heating up from places like Amazon (AMZN +1.41%) with its Amazon Prime service, and even Apple (AAPL +1.25%). Reeves still says Netflix is the best streaming service out there, and hopes to see more of these deals for the company in the future to bolster its moat a bit.
Why Netflix Surged This Week
By John Reeves – Dec 7, 2012 at 6:10PM
Netflix is up over 5.5% this week after signing an exclusive deal with a very famous mouse.
About the Author
John is a senior editor focusing on investigations and financial reform. He's been with the Fool for almost ten years.
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