Here's Why the Lack of Disney Films Won't Hurt Netflix

Here's Why the Lack of Disney Films Won't Hurt Netflix

There's no reason to worry that Netflix (NASDAQ: NFLX) is losing its content deal with Walt Disney (NYSE: DIS), says Bernstein analyst Todd Juenger. The company's most important growth markets never had any Disney content to begin with, so why panic?

The analyst note pushed Netflix shares more than 3% higher on Wednesday, bringing the stock just 4% below the levels it held before Disney's decision. As it happens, Juenger is absolutely right.

Image source: Netflix.

Continue reading

Source: Fool.com