MarketFoolery: 06.17.2013

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4.7 • 1.7K Ratings

🗓️ 17 June 2013

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

DreamWorks Animation signs a big deal with Netflix. What does it mean for investors?

Transcript

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0:00.0	It's Monday, June 17th.
0:03.7	Welcome to Market Fullry.
0:05.0	I'm Chris Hill joining me in studio today from Fool.com,
0:07.5	Matt Koppenhofer, and from Motley Fool Hidden Gems, Chief Investment
0:10.8	Officer Andy Cross.
0:11.6	Happy Monday, guys.
0:12.7	Happy Monday.
0:13.7	We're going to talk entertainment.
0:15.2	We're going to talk housing, home improvement,
0:17.6	a deal going on in the home improvement industry.
0:19.8	We'll get to all of those.
0:20.6	Let's start with entertainment. DreamWorks Animation has signed to deal with
0:25.6	Netflix for 300 hours of original programming. There'll be new shows that are going to be
0:30.7	inspired by characters from past franchises like Shrek and The Crudes and any.
0:35.7	I'm assuming this is a good deal because shares of both DreamWorks animation and Netflix are up.
0:42.0	That seems like a win-win.
0:43.0	Well I think it continues to show you guys the demand for for original programming
0:48.6	in this especially in the streaming space but we've seen this time and time again recently especially
0:54.0	with Netflix as they continue to try to get to the 40 million member level.
0:58.0	They're at 27 million here in the US, you know add a few more internationally
1:01.5	you're at you know 35 million or somewhere around there.
1:04.0	So, and they have to deliver content to those folks and there was three years ago big concerns
	...

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