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. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits 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!