Could Viacom Pull Nickelodeon Shows from Netflix (NFLX)?
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Price: $76.02 --0%
Rating Summary:
58 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 18 | New: 48
Rating Summary:
58 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 18 | New: 48
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Netflix, Inc. (Nasdaq: NFLX) is holding up despite CNBC highlighting a Bernstein research report suggesting that data from Tivo showed that kids are watching streaming Nickelodeon shows on Netflix versus cable, which could explain the low ratings of the network. The analyst goes on to suggest that Viacom (NYSE: VIA-b) could pull kids content from Netflix.
Shares of Netflix last traded at $86.90, up 0.6%
Shares of Netflix last traded at $86.90, up 0.6%
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