It's been a banner year for media giants Disney (DIS +0.35%) and Netflix (NFLX +0.38%).
Although certainly not in equal measure, Disney and Netflix have outperformed the broad market over the past 12 months. And although not the entire story, Disney and Netflix have also helped fuel the other party's success during this period. Thankfully for investors, a recent deal between the two should only help reinforce their hugely beneficial relationship.
Source: Netflix
Two years ago, Disney and Netflix reached an agreement to bring Disney's new releases from key properties such as Pixar and Marvel to Netflix by 2016. And last year, Disney and Netflix gave investors even more to cheer about by agreeing to develop four miniseries based on lesser-known Marvel characters that will be exclusive to Netflix starting in 2015.
Let's make a deal
Disney and Netflix certainly aren't strangers by any means. It's safe to say these two have some history.
However, the two broke new ground recently, when Netflix and Disney reached yet another agreement to stream exclusively LucasFilm's upcoming sixth season of its award-winning series Star Wars: The Clone Wars next month. And in the following video, tech and telecom analyst Andrew Tonner explains why investors should love the deepening relationship between these two media powers.
