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Netflix shares dive as Disney says it's pulling content - TL;DR CNBC

Netflix shares dive as Disney says it's pulling content

Publishing timestamp: 2017-08-08 20:18:22


Summary

Disney is pulling its content from Netflix to launch its own streaming service, causing Netflix shares to drop. Disney will also launch a separate streaming service for ESPN content. Wall Street is concerned about the impact on Netflix and potential loss of other partners.


Sentiment: NEGATIVE

Tickers: NFLX

Keywords: mobilesocial medianetflix incbusiness newstechnology

Source: https://www.cnbc.com/2017/08/08/netflix-shares-dive-as-disney-says-its-pulling-content.html


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