Even A Broken Clock Is Correct Twice A Day ...

... but I still love the note I posted back on March 21, 2013: among the "next big things will be Netflix."

Wow, how prescient.

At MarketWatch, Netflix led the market today.

Netflix Inc. rallied over 7% on Monday, closing out the session as the best stock in both the S&P 500 and the Nasdaq 100, on the back of a programming deal with DreamWorks Animation SKG Inc.

Reuters is reporting the story:

Video streaming service Netflix Inc is beefing up its original programming menu through a multi-year deal with DreamWorks Animation SKG Inc, the maker of movies such as Shrek, Madagascar and Kung Fu Panda.

Netflix shares rose 5 percent to $224.51 in premarket trading. DreamWorks shares were up marginally.

DreamWorks said the deal, which involves 300 hours of new programming, is a cornerstone of a major initiative to expand its television production and distribution.

The agreement is Netflix's largest for original programming, the companies said in a statement.

Share price:

• Share price, NFLX, March 21, 2013: $182
• Share price, NFLX, today: $227

It is also interesting that DreamWorks will become a TV company. Press release here:

This agreement, which marks the largest deal for original first-run content in Netflix history, is also the first time DreamWorks Animation's beloved characters will be introduced into the television market as a branded collection of shows.

My hunch: DreamWorks television will give Disney Channel a run for its money. And both DreamWorks TV and Disney Channel will "beat" Oprah and Al-Jazeera-Gore TV.

Steven Spielberg, a founder of DreamWorks that began back in 1994, was in the news the other day talking about the implosion of the Hollywood movie industry at which time we asked: are they nuts or are they onto something?

The dots continue to connect.

Quick: for those of you who watch movies on DVD or stream movies on the internet, which do you use: Netflix, Vudu, Hulu? Quick: do you know who owns Vudu? I thought so.

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