Jim Cramer Reacts to Disney's Netflix Changes

Amid the changes at Disney (DIS) - Get Report and its move to pull movies from Netflix (NFLX) - Get Report , TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said he isn't backing away from the stock long-term. 

"Short-term they have to invest a ton," Cramer said. "But what choice did they have?"

Watch all of Jim Cramer's latest videos, right here:

• Jim Cramer on the Market's Reaction to North Korea Tensions
• Jim Cramer Reveals Why Priceline Shares Are Falling
• Jim Cramer on Wendy's: Burgers Are Doing Quite Well
• Jim Cramer Reveals What to Watch in Macy's and Kohl's Earnings
• Jim Cramer: I Think The French's-Frank's Deal Will Pay Off for McCormick