Netflix looks to buy exclusive online rights to Paramount, Lionsgate and MGM catalogs
According to the LA Times, Netflix is looking to add more titles to its streaming options by adding exclusive access to Paramount, Lionsgate, and MGM film catalogs. The deal, which would manifest as a partnership with EPIX, would cost Netflix something like a billion dollars for five years of exclusivity.
Any time Netflix says it will expand its streaming catalog, I’m a happy man. I do most of my movie viewing via streaming on my desktop, often while I’m doing work throughout the day. More options is always a good thing. Unfortunately, this deal would still suffer, as the current streaming system does, from Hollywood mandated “windowing,” pushing streamable titles beyond the rent date. Hopefully studios will start to get more flexible as streaming becomes more and more popular.
Posted in: Digital Media, News
Tags: lionsgate, mgm, movies on demand, netflix, on demand, paramount, streaming