Netflix has confirmed that it is not going to renew the movie deal with Epix. This means that lots of movies from Lionsgate, Viacom’s Paramount and MGM will not be available on Netflix from next month. Some top notch films that will be affected by this are Hunger Games: catching fire, Transformers: Age of Extinction and World War Z in US. So all the Netflix users have till September to watch these films.
In a blog posted by Ted Sarandos, the chief content officer at Netflix wrote, “While many of these movies are popular, they are also widely available on cable and other subscription platforms at the same time as they are on Netflix and subject to the same drawn out licensing periods. Through our original films and some innovative licensing arrangements with the movie studios, we are aiming to build a better movie experience for you.”
Netflix is planning to concentrate more on some exclusive shows and films, meaning it will offer users its own TV shows and movies. The company will offer you some wide range of TV shows as well as movie like Beasts of No Nation, Ridiculous Six in near Future. Sarandos also added, “Starting next year, we will be the exclusive US pay TV home of the latest theatrical movies from The Walt Disney Company, including Pixar, Lucasfilm and Marvel movies.”
Only time can tell how successful this could be for Netflix. Hulu has also announced that it has stuck multi-year deal with Epix.