Ted Sarandos

Reuters is reporting that billionaire activist investor, Carl Icahn has sold a portion of his Netflix (NASDAQ: NFLX) stake netting him between $700 and $800 million. Icahn bought a nine percent stake in the company in August of 2012 at an average price of $58 per share. He sold three million...

Netflix (NASDAQ: NFLX) announced Tuesday that it has signed a deal with Disney (NYSE: DIS), which grants it the rights as exclusive distributor of Disney movies after their first run in theaters. The deal will begin in 2016. The company outbid pay-TV channels for the rights. Currently, Starz...