Starz quits talks to renew Netflix streaming deal - High-Def Digest Forums
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Old 09-01-2011, 06:52 PM
cheez avenger's Avatar
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Default Starz quits talks to renew Netflix streaming deal

Starz says that it has ended renewal talks with Netflix on providing movies and other content for its on-demand streaming service.

The decision announced Thursday deals a big blow to Netflix Inc.'s streaming service at a time when many users are angry about its recent decision to raise its monthly subscription prices. Netflix's stock sank 8 percent after the announcement was made.

When signed in October 2008, the deal was Netflix's first major content-streaming agreement. It was expected to be renewed but with Starz receiving more than it had previously.

Now, Netflix will be able to run Starz content only through February.
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Old 09-01-2011, 06:57 PM
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I'm sure Netflix will pony up the cash. They can't afford to lose such a huge source of SD stereo crap.
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Old 09-01-2011, 09:05 PM
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