Netflix, Inc. (NASDAQ: NFLX) is still down almost 2% today despite the new Apple TV including it. The problem may be that there is a restreaming feature among various Apple devices from iTunes and other sources.
Apple noted, “The new Apple TV features 1080p HD programming including iTunes movies and TV shows, Netflix, Vimeo, photos and more available starting Friday, March 16, at just $99.”
More specifics showed that Apple TV users can choose from over 15,000 movies and over 90,000 TV episodes on the iTunes Store, while Apple TV also offers content from Netflix’s streaming catalog, live sports from MLB, NBA and NHL as well as Internet content from Vimeo, YouTube and Flickr.
Netflix shares are down 1.9% at $105.10 and Apple shares are up 0.5% at $532.84.
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