Netflix (NFLX) Starz News Cuts Both Ways
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News after hours on Netflix (Nasdaq: NFLX) that Strarz canceled renewal talks with the company can be interpreted two ways:
1. The company will not just pay "anything" for content (positive)
2. They now have no content that differentiates from other services (negative)
On the news, traders are watching DirecTV (NYSE: DTV), DISH Network (Nasdaq: DISH), which owns Blockbuster, and Coinstar (Nasdaq: CSTR), which owns Redbox.
1. The company will not just pay "anything" for content (positive)
2. They now have no content that differentiates from other services (negative)
On the news, traders are watching DirecTV (NYSE: DTV), DISH Network (Nasdaq: DISH), which owns Blockbuster, and Coinstar (Nasdaq: CSTR), which owns Redbox.
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