Stock markets are so messed up by these day traders now. They traded on momentum instead of the real earning potential of the company. Every Disney movies/shows are also on Disney channels, there is nothing news on Netflix until 2016 if the company is still around... But Neflix is paying now and won't get any benefit until 2016. I am sure Disney wish NFLX goes BK before 2016 so they can pocket the money and show nothing !!
It's true. DIS basically bought a long term call option on their content. Because Starz is exclusive through 2015, their worst downside is BK and scramble to find another way to monetize their library.