Netflix (NFLX) Now Positive Following Discovery (DISCA) Agreement

September 21, 2011 7:31 AM EDT
Netflix (Nasdaq: NFLX) has moved into positive territory following an announcement that it entered a two-year, non-exclusive licensing agreement with Discovery Communications (Nasdaq: DISCA). Financial terms of the contract were not disclosed.

After being down about 1 percent in early trading Wednesday, the stock is now up about 2.9 percent.


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