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Netflix is expanding its reach in your home and on the airwaves.
Hot on the heels of the popular house of cards series Netflix has entered its first production deal with a major Hollywood studio the video streaming service has ordered a new thirteen episodes psychological thriller series.
From Sony Pictures television the creators of the FX legal drama damages.
I think that this.
Morning's deal with Sony really shows just how much Catholics is investing and creating new content that users are -- a lot of music they're gonna turn to -- -- Over all the other options they have -- right now.
The announcement comes days after reports surface that the company is in talks with Comcast and other major cable providers.
To -- and Netflix app directly accessible in set top cable boxes such a deal has the potential to turn the industry on its head.
As Netflix is commonly seen as a natural enemy to all things cable.
But the set top box deal may be premature -- sources tell Fox Business the Comcast is more likely to strike a deal with the rival streamers or just iTunes YouTube or Amazon.
Still when it comes stock Netflix has been outperforming the broader market by a very wide margin.
This year it's up more than 250%.
Vs the S&P 500.
Which is up only 19%.
For more -- on the foxbusiness.com.
In New York I'm Jo -- Kent.
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