For another 10 years, Universal Pictures content will not be seen on Netflix.
Universal inked a deal with HBO on Monday that gives HBO exclusive rights to all Universal films for another decade. This is an extension of a previous exclusive agreement and means, essentially, that rival services like Starz and Netflix won’t be getting ahold of Universal’s movies anytime soon.
The extension is likely a reaction to Netflix’s agreement with Walt Disney pictures for exclusive access to Disney animated features and films until 2016. But HBO may not be able to compete on the same level as Netflix. HBO was called “the closest thing Netflix has to a direct competitor” by a Forbes contributor on Monday, but close to Netflix it is not.
via HBO Signs Deal With Universal, Continues To Make Life Difficult For Netflix, Consumers.For another 10 years, Universal Pictures content will not be seen on Netflix.
Universal inked a deal with HBO on Monday that gives HBO exclusive rights to all Universal films for another decade. This is an extension of a previous exclusive agreement and means, essentially, that rival services like Starz and Netflix won’t be getting ahold of Universal’s movies anytime soon.
The extension is likely a reaction to Netflix’s agreement with Walt Disney pictures for exclusive access to Disney animated features and films until 2016. But HBO may not be able to compete on the same level as Netflix. HBO was called “the closest thing Netflix has to a direct competitor” by a Forbes contributor on Monday, but close to Netflix it is not.
via HBO Signs Deal With Universal, Continues To Make Life Difficult For Netflix, Consumers.
The deal is key for HBO, which faces a threat from streaming movie providers like Netflix Inc. Since it is an exclusive agreement, Universal movies won’t be able to be streamed on Netflix or other competitors until 2022 at the earliest.
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