Netflix Is Losing Some Big Movies – The Daily Double Talk
By Tommy McGrew
Well it’s looks as if Netflix is about to take a bold step into a, sort of , new territory. If you haven’t heard Netflix the worlds top online streaming service is loosing a fuckload of it’s premium movies, like mostly all of their top tier, big budget Hollywood blockbusters. Netflix’s contract with Epix will not be renews according to COO Ted Sarandos. Tech Crunch recently reported that Sarandos doesn’t want you freaking out about this as he wrote in a blog post over the weekend:
“A number of high profile” movies will leave the service next month as a result of Netflix’s decision not to renew the partnership. Films affected include ‘Hunger Games: Catching Fire’, ‘World War Z’ and ‘Transformers: Age of Extinction’, which viewers have until the end of September to watch…While many of these movies are popular, they are also widely available on cable and other subscription platforms at the same time as they are on Netflix and subject to the same drawn out licensing periods. Through our original films and some innovative licensing arrangements with the movie studios, we are aiming to build a better movie experience for you.”
Netflix seems perfectly OK with letting such a big contract go. Their confidence in their original programming seems to have grown along with the library of original programming they have archived thus far. Their newest show Narcos, which is about the rise and fall of Pablo Escobar has taking viewers by storm, getting solid reviews critically and amongst home viewers. Netflix seems to be on to something big. They clearly want to keep as much in house as possible, even without the Epix contract Netflix will be stronger in my opinion. First of all, sarando is right when he said that contract can be found with any number if online steaming services, which is true. Do you remember Redbox instant? No, well that’s perfectly understandable it was nothing at all special and it wasn’t around very long. Mainly because it had practically the exact same “newer” movies as Netflix did. They had all those blockbusters and the company still went under. Do you know what they did not have original programming. Netflix is trying to form a totally original identity. An experience you can’t get with any other the streaming service and with this bold move they are well on there way.
[Source: TechCrunch]