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Wednesday, Jul 3
Netflix (NFLX -0.3%) expands its licensing deal with PBS to cover several additional shows; the...
Netflix (NFLX -0.3%) expands its licensing deal with PBS to cover several additional shows; the deal provides exclusive access to all seasons of mystery drama The Bletchley Circle, and to kids' show Super Why!. Amazon expanded its PBS deal last week. Also: 1) A Cowen survey of 1K consumers found 44% were aware of Netflix original programming, up from 34% in Feb., and 28% of Arrested Development.viewers saying they're less likely to cancel their Netflix subscriptions thanks to it. 2) Whitney Tilson remains quite bullish, arguing Netflix "could have a market cap like Amazon’s or something of $100 billion" in 10 years. But he adds "execution risk" leads him to limit his position to 3%-4% of his fund's assets.