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Netflix Inc. (NASDAQ:NFLX) has decided to stream Miramax movies through its VOD service. Netflix Inc. (NASDAQ:NFLX) Makes Miramax Movie Deal Netflix Inc. (NASDAQ:NFLX) has announced that it has reached a multiyear deal with film distributor Miramax to stream hundreds of titles through the movie rental company’s instant-viewing service. Financial terms of the deal weren’t disclosed. Starting in June, Netflix Inc. (NASDAQ:NFLX) will offer several hundred Miramax titles through its online streaming service to subscribers in the U.S. and add dozens of movies on a rotating basis. Netflix Inc. (NASDAQ:NFLX) shares were at 237.09 at the end of the last day’s trading. There’s been a 6.7% movement in the stock price over the past 3 months. Netflix Inc. (NASDAQ:NFLX) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.8 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.75 Zack’s Rank: 4 out of 17 in the industry
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Tuesday, May 17, 2011
Netflix Inc. (NASDAQ:NFLX) Makes Miramax Movie Deal
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