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Starz says Netflix deal is over as new price hikes come into effect

submitted on September 2, 2011 by orangearrows in "Stores / Merchants"
Today, Netflix’s new prices take effect, adding a hefty premium if you want both streaming movies and physical DVDs delivered to your door. Starting today — or at the beginning of your next billing cycle if you’re already a customer — you’ll pay $7.99 for streaming, $7.99 for one DVD, and $15.98 for both. Here’s more bad news: Netflix just lost Starz, arguably its most important streaming video partner. If you’ve watched a recent motion picture on Netflix Watch Instantly anytime in the past three years, it was likely via Starz, but Starz says the deal is over: “When the agreement expires on February 28, 2012, Starz will cease to distribute its content on the Netflix streaming platform.



http://www.washingtonpost.com/.....story.html
     

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  • 123739
    josetring
    master
    Posted by josetring on September 2, 2011 [reply] 0 0
    Netflix is going to feel it now.
  • 128656
    laaya
    professor
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    11 8 2
    Posted by laaya on October 24, 2011
    [reply] 1 0
    Netflix loses 800,000 US subscribers in 3Q
    http://finance.yahoo.com/news/.....7.html?x=0
  • 128659
    orangearrows
    professor
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    Posted by orangearrows on October 24, 2011
    [reply] 1 0
    $85 today
  • 128703
    YanBz
    admin
    Posted by YanBz on October 25, 2011 [reply] 0 0
    This is old news now. We have known about Starz deal and the price hike for some time now. Not sure why the stock price is down so much after hours.
      128715
    • orangearrows
      professor
      2 3
      7 1 1
      Posted by orangearrows on October 25, 2011 [reply] 0 0
      They announced earning today and lost close to a million subscribers + Forecast is bad. Also when the STARZ deal actually gets yanked off in Jan 2012, expect a bigger exodus of people. This stock probably hit $50 or lower if the CEO keeps on with his antics.
  • 128730
    orangearrows
    professor
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    7 1 1
    Posted by orangearrows on October 25, 2011 [reply] 0 0

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