Netflix Inc. (NASDAQ: NFLX) could be about to lose its exclusive right to carry content from the Epix channel, owned by Viacom Inc. (NASDAQ: VIAB). The cable channel’s CEO indicated that such a change may take place during a conference call discussing Viacom’s quarterly earnings.
MarketWatch reports that some observers are concerned that Netflix might be weakened if the Viacom channel becomes available through Hulu or the streaming service from Amazon.com Inc. (NASDAQ: AMZN). Netflix would not lose the right to stream Epix content, but would lose its exclusive right to do so.
Netflix has been trying to bolster its offerings of new or exclusive content to combat dwindling subscriber numbers.
Shares in Netflix fell -7.6% today to close at $75.95 in a 52-week range of $62.37-$304.79.
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.