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Netflix will delay Fox and Universal releases for 28 days

If you subscribe to Netflix and watch a lot of new releases, you won't be too thrilled about this news: Netflix just announced agreements with Fox and Universal to delay those companies' new movies for 28 days. Netflix already had this kind of deal with Warner Bros., and it's basically an attempt by the movie industry to shore up slipping DVD sales.

Netflix didn't make this deal for nothing, though. The companies agreed to release more streaming content for Netflix, which is a big deal when the Watch Instantly feature is becoming a bigger part of Netflix' business all the time. All in all, probably a smart business move for Netflix, which has recently been focusing on building up its subscriber base by bringing streaming to new platforms like the Nintendo Wii and Apple iPad.

[via Gizmodo]

Tags: delays, dvd, fox, movies, netflix, new releases, NewReleases, universal

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