Netflix Squeezes Pay TV With Epix Deal - Broadcasting & Cable

Netflix Squeezes Pay TV With Epix Deal

Agreement lets Netflix stream movies 90 days after premium pay-TV debut
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Netflix, in another content deal that threatens to erode
premium-movie packages from cable, satellite and telco TV, announced an
agreement with Epix that will let Netflix members watch movies streamed
over the Internet 90 days after they debut on Epix's services.

Movies
under the five-year deal will begin streaming from Netflix on Sept. 1
and include movies from Paramount Pictures, Lionsgate and
Metro-Goldwyn-Mayer Studios, which are the partners in the Epix joint
venture.

Netflix will be the exclusive outlet for Epix's movies
for two years, according to Epix president Mark Greenberg. Initially,
Netflix will have access to about 1,000 library titles and will have
rights to new releases 90 days after their Epix premiere.

Click here to read the full article on Multichannel.com.

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