How Fox’s Withdrawal Still Fits Netflix’s Strategy
After Walt Disney’s (DIS) chief executive, Bob Iger, suggested during an interview with Bloomberg that the company may include Twenty-First Century Fox (FOX)(FOXA) contracts in its programming withdrawal from Netflix (NFLX), Netflix responded by suggesting that it was prepared for what may follow. A story carried by USA Today quoted a Netflix spokesperson as saying, “TV series always come and go on Netflix.