S&P weighs in on the Disney-Netflix (NFLX +0.7%) content deal, calling it a "groundbreaking...

|By:, SA News Editor

S&P weighs in on the Disney-Netflix (NFLX +0.7%) content deal, calling it a "groundbreaking agreement" in the SVOD space. No immediate impact on the credit ratings of NFLX is seen with the lead time of three years giving it time to work out an expanded subscriber base. The deal could also "lay the groundwork" for service offerings beyond steaming for Netflix, according to the agency.