Netflix inks Disney, ABC streaming deal, CFO departs

Netflix inks Disney, ABC streaming deal, CFO departs

Summary: Netflix has broadened it streaming media selection via a deal with Disney and its ABC Television unit. In addition, Netflix's chief financial officer left the company.

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Netflix said Wednesday that it has broadened it streaming media selection via a deal with Disney and its ABC Television unit. In addition, Netflix's chief financial officer left the company.

First, the streaming deal. Under the arrangement with Disney, Netflix will stream episodes from ABC, Disney Channel and ABC Family.

The agreement broadens the selection of content for its $7.99 a month streaming service. ABC shows ranging fro Grey's Anatomy and Desperate Housewives will air on Netflix as well as Disney shows and movies such as Hannah Montana and High School Musical.

In addition, Netflix said that it has named David Wells to be chief financial officer. Barry McCarthy left as CFO to "pursue broader executive opportunities outside of the company."

Wells is a 7-year vet of Netflix and reported to McCarthy. Wells was responsible for strategic planning, analysis and forecasting.

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5 comments
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  • RE: Netflix inks Disney, ABC streaming deal, CFO departs

    Oh wow, should be interesting to see how that turns out. It makes a lot of sense dude.

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    pongpeets
  • RE: Netflix inks Disney, ABC streaming deal, CFO departs

    Netflix and Hulu are almost perfect, now if HBO and Showtime would stream, I'd dump cable in a heartbeat.
    Narg
    • Why do you need either??

      @Narg HBO is being playing the same junk 3 to 4 times a day for YEARS. The new shows aren't even worth the extra monthly fee.

      Showtime is WORST. All they play is junk/cheap movies and nude lesbians (I can get that for free on the web, with "real" lesbian sex instead of fake sex).

      So why do you need HBO & Showtime?? They both suck.
      wackoae
  • RE: Netflix inks Disney, ABC streaming deal, CFO departs

    Just in time too! I was about to buy season 5 & 6 of "LOST" on iTunes. WHEW! - http://wp.me/p106i6-1J6
    WhiteGlossyUndergroundBoard
  • RE: Netflix inks Disney, ABC streaming deal, CFO departs

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