Adam Sandler Deal Cheers Netflix Stock, But Will It Prove To Be A Blockbuster?

October 5, 2014 10:15 AM

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Adam Sandler Deal Cheers Netflix Stock, But Will It Prove To Be A Blockbuster?

After Netflix Netflix announced on Thursday that it has recruited Adam Sandler to produce and star in four movies that will premiere exclusively to Netflix subscribers, many people responded with jokes — including Sandler himself. ”“When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only…,” the comedian said in a statement. “Netflix rhymes with Wet Chicks. “Let the streaming begin!!!!””

However, Sandler has a box office record that boasts 14 films with lifetime theatre sales of $100 million or more — and three films with a lifetime grosses over $160 million, including 1999′s Big Daddy — so the revenue that Netflix could reap from this deal is no laughing matter. Investors seem to r...

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