The content shuffle picks up

Starz (STRZA) has dropped content from Sony Animation (SNE), according to analysis from Janney Capital.

The initiative could lead to a savings of up to $35M a year as the company looks to grow through original programming and less expensive niche shows.

At least one Sony Animation title, Cloudy with a Chance of Meatballs 2, is currently available on Netflix (NFLX) in what could be an important development for the streaming service.

Netflix has built a broad array of content for the younger demographic as part of its long-term growth strategy. On top of titles from Pixar, Disney, and DreamWorks - a deal with Sony gives the company a formidable stream of content aimed for children.

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Comments (2)
  • Doc's Trading
    , contributor
    Comments (1847) | Send Message
    NFLX....Review: We are now 50% into a short position at average price of 402 taken May 27...looking for another high between 407-419 the Fibonacci 6.82 retracement of the decline from 458 to 300....
    Looking for a reversal day from that area before committing the other half of or short position. In the mean time our protective buy stop remains at 410.10...
    At 10 AM EST CEO Hastings gets interviewed by CNBC.. I expect that no later than Friday NFLX will get the reversal top on this rally that we are looking for.....
    The additional fact that the VIX is at a 7 year low reenforces our negative view on NFLX...
    more later....
    28 May 2014, 12:16 PM Reply Like
  • Mo Money 2011
    , contributor
    Comments (78) | Send Message
    may have been stopped out too early on NFLX with that 410.10 buy stop. Its looking even frothier up here at 417 after spiking to 425.60 today! Took a small long bear put spread position on the weekly 400/405's expiring next Friday.
    3 Jun 2014, 03:53 PM Reply Like
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