Hollywood studios say they’re quitting Netflix – the truth is more complicated

Netflix has used their shows and movies to upend pay TV and build a streaming business that investors value at more than $150 billion.Netflix bears have pointed to the risks of the company losing popular content. And when the big Marvel, Star Wars and Pixar films return to Netflix in a few years, they’ll disappear from Disney’s own online service, according to the people. Just one problem: ATT, which bought Time Warner for $85 billion last year, has a lot of its film and TV content tied up with Netflix and others.

Source: www.al.com