A Way To Play The Netflix Streaming (LVLT)

Netflix NFLX announced this morning what most customers wanted: a streaming only option, for $7.99 per month. It also announced a price raise for its other options, including the streaming and 1 DVD option, which is its most popular. This will go to $9.99 per month. It seems like NFLX is pushing more people to be streaming its content on its site, and this is extremely beneficial for Level 3 Communications, Inc. LVLT. LVLT just announced a deal that is going to make it the primary content delivery network provide of NFLX, and with the expected increase in traffic to NFLX's website, this bodes well for LVLT. This should lead eventually to LVLT being able to command more money from NFLX, as the company works harder to keep up with the demand for its services. Disclosure: no position in LVLT