The Walt Disney Company (DIS)’s Bob Iger Loves Netflix, Inc. (NFLX)

Bob Iger, the CEO of The Walt Disney Company (NYSE:DIS) is fond of Netflix, Inc. (NASDAQ:NFLX), and there is no denying that fact. The two companies have cemented a strong  relationship over the years and it seems it will last long into the future. Mr. Iger considers Netflix, Inc. (NASDAQ:NFLX) to be one of the main channels through which The Walt Disney Company (NYSE:DIS) will derive its future earnings. During the latest earnings call, Iger’s was asked about Netflix, Inc. (NASDAQ:NFLX) and The Walt Disney Company (NYSE:DIS)’s future plans regarding their partnership.

Netflix, Inc. (NASDAQ:NFLX)

“Netflix, Inc. (NASDAQ:NFLX), we’re growing our business with Netflix, first of all because we believe in their platform and its future. And we have from the beginning, when we did the output deal with the studio and we also believe that our brands can be well monetized on their platform, which is evidenced what they are paying for our brands and our content. So as long as that continues, which I think it will, not just domestically but internationally our business is expected to be robust with them or even grow. So it’s a good combination. We’ve got brands and content that they want and they have a platform that we like and that we want and they are willing to pay the right price for our content, good prices for our content. I think it’s mutually beneficial,” Iger said during the earnings call, according to the transcript.

Perhaps, it all started back in 2012, when The Walt Disney Company (NYSE:DIS) signed a mega distribution deal with Netflix, Inc. (NASDAQ:NFLX), announcing that starting from 2016, theatrically released films from The Walt Disney Company (NYSE:DIS) will be showcased on Netflix, Inc. (NASDAQ:NFLX), making it exclusive U.S. subscription TV service for first run movies from Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Disnynature, and Lucasfilm.

In the last quarter of 2013, The Walt Disney Company (NYSE:DIS) and Netflix, Inc. (NASDAQ:NFLX) also announced a deal for a miniseries and at least four different shows. The shows will be about Jessica Jones, Iron Fist, Daredevil and Luke Cage, while the miniseries will be The Defenders. This is a multiyear deal, which will start with the show on Daredevil from 2015.

Disclosure: None

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!