3 Media Stocks in Focus: Disney’s Dish Problem, Netflix Goes Feature-Length, Sirius Adds Agero
Walt Disney Co. (NYSE:DIS): An agreement between Disney and carrier Dish Network (NASDAQ:DISH) has not materialized as far as digital rights to programming are concerned. Dish is pushing for the ability to steam Disney shows, which could make way for a new product down the road; Disney wants to do away with Dish’s Hopper system that automatically skips ads. The two companies have been relying on short-term agreements while a longer-term carriage deal is worked toward.
Netflix Inc. (NASDAQ:NFLX): Netflix is reportedly in advanced discussions to obtain the rights for the highly acclaimed film The Square, a documentary about the recent Egyptian unrest, which would make for the company’s first foray into original documentaries. The movie — fresh off the heels of Netflix content chief Ted Sarandos’s recent upstart speech — would be released in a similar fashion to its hit shows like Orange is the New Black and House of Cards.
Sirius XM Radio Inc. (NASDAQ:SIRI): Sirius has completed the acquisition of the connected vehicle services company Agero, which should allow Sirius the “opportunity to provide services to more major automobile manufacturers,” Seeking Alpha notes. “With this acquisition, SiriusXM will provide connected vehicle services to a host of major automotive manufacturers,” the statement says. “SiriusXM’s offerings will include safety, security and convenience services for drivers and end-to-end, turnkey solutions for automakers.”
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