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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]
Comments
11
Subscribe to commentsSlappyApr 9th 2010 4:03PM
Meh. I have hundreds of movies in my queue and if I had a burning desire to see something I've already seen it in the theater so while I think the DISTRIBUTORS are idiots of requiring this it doesn't change my opinion on Netflix one bit.
LizApr 9th 2010 5:04PM
Well, if new releases weren't so crap, they would definitely sell more DVDs, so please stop blaming piracy/renting.
MarcApr 9th 2010 6:41PM
What the studios are misunderstanding, is that most releases have very little value above a that of a single viewing. The consumer demand just isn't there for paying much above rental.
SoCoolCurt (PSN: KillaKornbread - XBL: SoCoolCurt)Apr 9th 2010 8:38PM
i agree with you here. there are maybe about 5 movies a year that i feel like i have to have and will watch repeatedly, other than that, that $1 Redbox rental suits me just fine. not Netflix, but the message is the same, i don't pay $20 for a new release movie, because i don't feel it's worth that much.
glaciaApr 9th 2010 6:58PM
so what they're saying is that I should torrent their movies instead....
Andrew PollackApr 9th 2010 7:46PM
My #1 disappointment in Netflex is that their streaming library really does suck. If this will improve the quality of that library, I'm fine with that.
SlappyApr 9th 2010 8:36PM
While it is Netflix's streaming library, and I agree it sucks, we need to focus our efforts on the distributors who only allow what is there.
codeman38Apr 9th 2010 9:09PM
Now if only they'd offer captioning on the streaming movies, I might actually *use* that part of the service for more than foreign films...
JBApr 10th 2010 11:48AM
This isn't really any different from my current situation, since they can't meet supply and demand on new releases already.
If I really want to watch a new release I can simply take a quick walk to my local Blockbuster who apparently don't have to play by these rules.
ChaseApr 12th 2010 12:08AM
Great! More crappy movies that no one ever wanted to watch will be available STREAMING OVER THE INTERNET! Thanks Netflix!
JaspoApr 12th 2010 3:11PM
28 Days later !!! The zombies will have devoured us by then.