Netflix Signs 4-Movie Pact With Duplass Brothers


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Netflix, Inc. (NASDAQ: NFLX) last week signed a four-movie deal with Jay and Mark Duplass, according to The Hollywood Reporter.

Neflix confirmed the contract according to the report, which said each of the four films will be "small budget."

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

The Duplass brothers serve as writers, actors and directors in the current HBO television comedy series "Togetherness" which the report said will continue.

Netflix, which ended 2014 with 57.4 million subscribers, is competing to produce original content with the likes of Amazon.com and other streaming media concerns.

Amazon, which recently won a Golden Globe award for its TV series "Transparent," recently snagged Woody Allen to write and direct his first television series.

Netflix in October signed actor Adam Sandler for a four-movie contract and around the same time said it will release a "Crouching Tiger, Hidden Dragon" sequel with The Weinstein Co.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsContracts