NFLX,...Netflix hints at interest in sports during conference presentation -------
Netflix (NFLX -2.4%) is lower after execs presented at the UBS Global Media and Communications Conference. Shares initially move higher to set yet another all-time high before backtracking.Chief Content Officer Ted Sarandos detailed the 31 original series and 10 feature films slated to be on the streaming menu next year.
Comedy specials will also be a key feature in 2016.The most interesting reveal was the hint from Sarandos that the company would consider an entry into sports through its own league.
The biggest negative from the presentation may have been the warning on the difficulty of striking global licensing deals with programmers.
invest at your own risk, based on your own due diligence, at your own risk tolerance
