Netflix Losing Streaming Rights to Movies, TV
Starz chooses to abandon its abbreviate with Netflix.
If you've watched movies or TV shows on Netflix's streaming religious service in the last couple of years, chances are you've viewed something that was licensed from Starz. The premium cable network allowed Netflix to stream its "Starz Plays" content to every unlimited users, only negotiations to renew that agreement have collapsed. Starting on February 28, 2012, Netflix will no yearner stream whatsoever Starz content which includes "approximately 1,000 movies, original series, and new releases from major Hollywood studios."
"This decisiveness is a result of our strategy to protect the premium nature of our brand by preserving the appropriate pricing and packaging of our privileged and highly valuable smug," the Starz CEO said.
"With our circulating studio rights and increasing original programming comportment, the network is in an excellent position to measure new opportunities and amplify its overall business," He continued.
Netflix hasn't said anything regarding losing all this content, only the uprising licensing costs are a long term trouble for the internet motion picture company. Netflix recently had to indirectly raise prices aside splitting its DVD-away-mail service and its streaming service into two separate defrayment plans, ensuant in a net increase in subscription fees if you want to continue using some.
Motion-picture show and television studios are brokering deals directly with Netflix for their content to appear connected the service, but the monetary value of those contracts are forcing Netflix to raise revenues. Hopefully, the company can bounce back from losing Starz, but information technology volition be a challenge.
Which is a pity. I quite like being able to think up watching something and searching to find IT. Now, my options will be even more limited.
If you're wondering what shows and movies will exist affected, you can click happening the "Starz Play" once you log-in to the Netflix website. What's there isn't a comprehensive come of content only the loss to the service is substantial.
Source: Hollywood Reporter
https://www.escapistmagazine.com/netflix-losing-streaming-rights-to-movies-tv/
Source: https://www.escapistmagazine.com/netflix-losing-streaming-rights-to-movies-tv/
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