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Gordon Gekko is coming to Latin America. Netflix (NFLX) announces a deal with 20th-Century Fox...
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Wednesday, May 9, 2012, 9:20 AM ETGordon Gekko is coming to Latin America. Netflix (NFLX) announces a deal with 20th-Century Fox (NWS, NWSA) that gives it Latin streaming rights for 24, Prison Break, and four other TV shows, as well as a set of classic films that includes Wall Street. Netflix has lined up many Latin American content partners (I, II), but its Q1 international subscriber and profit forecasts disappointed investors.
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I am using Netflix here in Panamá and it has just lately gotten "fully functional" via my Roku player!
Not really impressed so far. Movie selection on streaming is decidedly sub par. Epix content is basically all they have now.
TV content was superior to the other offerings but not the replacement for the premium channels that I was looking for.
Stock is due for a bounce soon, as is the rest of the market likely.
Strongly green on a weak tape.