Netflix (NFLX) Signs Deal With Relativity Media Co. To Stream Movies Sooner
July 06, 2010 at 13:59 PM EDT
Shares of Netfilx (NFLX) rose 4.00% to $111.41, the most intraday since June 14, after the online movie rental service said it signed a long-term deal with Relativity Media for the license to stream its movies exclusively to Netflix subscribers during the “pay TV window.” Under the agreement, which marks a continued shift in the [...]
