Netflix Inc. (Nasdaq: NFLX) signed an exclusive, multiyear agreement to stream Walt Disney Co. (NYSE: DIS) movies approximately seven months after the end of their theatrical run. Shares of Netflix leaped $10.65 to close at $86.65 while Disney stock edged up a penny to $49.30.
Netflix Signs Exclusive Disney Deal
December 04, 2012 at 17:30 PM EST