Netflix, the streaming heavyweight, has scored a massive deal with DreamWorks to bring no less than 300 hours of original content to its customers. This content could end up being new series featuring some of DreamWorks' most cherished characters. Details for the deal are a bit scarce at the moment, but Wall Street doesn't seem to care.
Original content could prove extremely costly. In the face of this fact, Netflix shares have risen around 8 percent today on the news of the deal. This deal should boost Netflix even further ahead of its competition. Its competitors can either start spending money on original content or focus on getting older content for cheap.
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