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Netflix is starting to drop expensive relationships with content partners, instead the US Company is set to expand the development of their own content.
In a release issued last night Netflix said that they won’t
renew its contract with cable network Epix, preferring to develop original
movies rather than stick with films it had to share with other providers.
Customers won’t be able to see such movies as “The Hunger
Games: Catching Fire” or “World War Z” on Netflix after the contract ends at
the end of September Netflix said.
In Australia Netflix has had a lot of success with their own
original content series.
With its service expanding worldwide by the end of 2016,
Netflix is in the market for films and series that can entice new subscribers
with big stars and compete for awards. Netflix and Epix signed a contract in
2010, at the time a significant coup for the nascent streaming service. But in
2012, Epix reached a deal making its movies available on Amazon.com.
“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,” Ted Sarandos, Netflix’s chief content officer, said in
the statement. “Through our original films and some innovative licensing
arrangements with the movie studios, we are aiming to build a better movie
experience for you.”
Starting next year, Netflix will have exclusive rights to
show new films from the Walt Disney after they leave theatres, and the company
has a deal to develop shows with DreamWorks Animation SKG In June, Netflix said
it would produce “War Machine,” a satirical film starring Brad Pitt as a U.S.
general.
