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Disney to license major films and TV programs to Netflix

TIKR ·

NFLX Netflix Inc
$67.50 +0.66%
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  1. 1Disney has agreed to license a group of films and TV programs to Netflix.
  2. 2Disney plans to conduct at least $9 billion in share buybacks this year.
  3. 3Disney recorded a 7% total revenue growth rate last quarter.

So what's the key point?

Disney has decided to lend its movies and broadcast programs to Netflix. Disney also plans to buy back $9 billion worth of its own shares this year.

Source TIKR · View original ↗

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