This does not directly benefit me - my kids are out of the Disney demo and I don't care for most of the network shows (unless they start streaming Modern Family). But if it strengthens Netflix' chances of getting more content, I am all for it.
**************** http://news.cnet.com/8301-31001_3-20024968-261.html?part=rss&subj=news&tag=2547-1_3-0-20 Netflix has signed a new licensing agreement with one of the biggest Hollywood studios, allowing the Web's top video rental store to begin streaming TV shows from the Disney Channel and ABC TV, the company announced today<http://www.prnewswire.com/news-releases/netflix-and-disney-abc-television-group-announce-deal-to-stream-array-of-abc-network-disney-channel-and-abc-family-shows-to-netflix-members-111517649.html>. Talk about good timing. News of the deal comes a day after the din of Netflix bashing in the entertainment sector reached a crescendo and after Netflix announced the departure of Barry McCarthy, the company's chief financial officer. As execs from cable and Hollywood at the UBS Investor conference in New York this week were predicting that the flow of content to Netflix would begin to slow soon, CEO Reed Hastings pulled this deal out. All the bad news even had some on Wall Street wringing their hands<http://blogs.forbes.com/ericsavitz/2010/12/08/netflix-after-270-run-and-cfo-departure-time-to-back-away/?boxes=Homepagechannels>. In morning trading, Netflix's stock was at $184.43, down $5, or 2 percent. Netflix will soon get prior-season episodes from ABC's most successful serials such as "Grey's Anatomy," "Desperate Housewives," and "Brothers & Sisters." From the Disney Channel will come past episodes from "Phineas and Ferb" and "Good Luck Charlie." The real loser in this Netflix-Disney relationship may be Hulu, which is backed by News Corp., NBC Universal, and Disney. It would seem that the company's own backers are willing to arm its main adversary with content and thereby stripping it of some the service's competitive advantage. NBC Universal also licenses older episodes from hit shows to Netflix, including "30 Rock" and "The Office." <http://news.cnet.com/8301-31001_3-20024968-261.html#ixzz17XPQQSUx> -- TV or Not TV .... The Smartest (TV) People! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en
