Netflix (NFLX) Positive as Amazon Inks Expanded Content Deal w/ NBCU
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Netflix (Nasdaq: NFLX) is out of the gates positive Thursday amid a new, expanded content agreement entered into by a rival.
Earlier, Amazon (Nasdaq: AMZN) and Comcast's (Nasdaq: CMCSA) NBCUniversal announced entering an expanded content agreement whereby Amazon Prime Instant Video would begin carrying prior seasons of four new shows, along with several other shows.
Netflix is up 1 percent on the session, paring some of its earlier gains.
Earlier, Amazon (Nasdaq: AMZN) and Comcast's (Nasdaq: CMCSA) NBCUniversal announced entering an expanded content agreement whereby Amazon Prime Instant Video would begin carrying prior seasons of four new shows, along with several other shows.
Netflix is up 1 percent on the session, paring some of its earlier gains.
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