Netflix Steals a Page Out of Disney's Playbook
Plot twist: Netflix (NASDAQ: NFLX) is going shopping. The world's leading premium streaming service is buying Millarworld, the comic book and graphic novel publisher behind Kick-Ass, Reborn, and Kingsman. Terms of the deal aren't being disclosed, but it's being billed as Netflix's first acquisition.
Millarworld is helmed by Mark Millar, the comic book rock star who breathed new life into what is now Disney's (NYSE: DIS) Marvel Avengers franchise before striking out on his own. Netflix plans to mine Millarworld's growing vault of characters to put out movies, series, and kid shows that will stream exclusively through Netflix's global platform.
Image source: Millarworld.
Source: Fool.com
Walt Disney Co. Stock
€105.62
0.700%
The stock is an absolute favorite of our community with 42 Buy predictions and no Sell predictions.
As a result the target price of 114 € shows a slightly positive potential of 7.93% compared to the current price of 105.62 € for Walt Disney Co..
