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Scott Devitt of Stifel Nicolaus asks whether 50-50 is the right mix between original and acquired content long term. $NFLX Chief Content Officer Ted Sarandos replied that long term that's certainly a probable mix or perhaps even a conservative one.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.