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.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
