3 Media Stocks in Focus: Netflix Strikes Deal with Weinstein Films, Time Warner Wants FTC Over FCC, and Disney’s Infinity Hits Shelves
Netflix Inc. (NASDAQ:NFLX): The online streamer will be “the exclusive U.S. subscription television service” for first-run films from The Weinstein Company starting in 2016, the company says. Netflix subscribers will receive access to theatrically released Weinstein films “instantly in the pay-TV window.” Popular Weinstein films include Django Unchained and Silver Linings Playbook; the studio is also currently working on Kill Bill: Vol. 3 and Crouching Tiger Hidden Dragon II, among other projects.
Time Warner (NYSE:TWC): Time Warner is supporting a lawsuit brought against the Federal Communications Commission by Verizon (NYSE:VZ) that would seek to curb the regulatory body’s control over Internet providers’ business models. At issue is whether service providers can favor certain websites over others as a part of their services. Current net neutrality rules stipulate that this is the case. Time Warner feels it should be able to charge content providers for favorable access to Internet users, and the move has the companies pressing for a switch from the Federal Trade Commission to the FCC as the regulatory body of choice.
Walt Disney Co. (NYSE:DIS): Disney’s innovative Infinity video game toy line has rolled into stores, and the features and hype are both numerous and big, according to USA Today. With a swath of action figures available to connect to Disney’s digital game world through technology associated with the figurines, the company also has a Toy Box feature that allows users to build Disney-themed worlds and upload them to a cloud server, where other users can access them.