Netflix Hit With Some Bad News - Spokane, North Idaho News & Weather KHQ.com

Netflix Hit With Some Bad News

HUFFINGTONPOST.COM - If you have any Starz movies you want to see on Netflix, you might want to hurry up and watch them before it's too late.

Starz has announced in a press release that it is cutting off contract renewal negotiations with Netflix and has no plans to fire them back up:

When the agreement expires on February 28, 2012, Starz will cease to distribute its content on the Netflix streaming platform. This decision is a result of our strategy to protect the premium nature of our brand by preserving the appropriate pricing and packaging of our exclusive and highly valuable content.

Apparently, the money just isn't there, and it sounds like Starz is interested in seeing other people. Netflix paid $30 million back in October 2008 to gain the rights to stream Starz films, and many analysts called the deal a steal for Netflix.

Back in June, Sony temporarily pulled its movies from Netflix due to a "temporary contract issue" with Starz. In March Starz announced that Netflix Instant customers would have to wait 90 days before viewing its original programming like 'Camelot.' In January 2011 Starz CEO Chris Albrecht told Bloomberg that his company didn't "need this deal for [their] profitability."

Netflix CEO Reed Hastings told AllThingsD in June 2011 that he's willing to spend as much as $200 million to renew his company's Starz contract; though exact figures from recent negotiations have not surfaced, it appears that talks have permanently stalled.

When Netflix split its services between DVD rental and Streaming in June, it received much criticism on its website from members who found it to have a weak streaming selection; should Netflix now lose Starz films in February 2012, that weak selection will become even weaker. Starz Play included over 2500 movies when the deal was signed in 2008, though Netflix's website currently advertises about 1000 movies in its Starz Play section. >>>CLICK HERE TO READ MORE FROM THE HUFFINGTONPOST

  • Most Popular StoriesMost Popular StoriesMore>>

  • Attempted copper theft leads to damage at Greater Spokane County Meals on Wheels

    Attempted copper theft leads to damage at Greater Spokane County Meals on Wheels

    Tuesday, August 22 2017 2:04 AM EDT2017-08-22 06:04:38 GMT

    SPOKANE, Wash. - A local organization on a mission to do good was hit with some pretty bad damage. The assistant director of Greater Spokane County Meals on Wheels says he woke up to a security alert early Sunday morning and what he found baffled him. "Somebody had attempted to steal some copper piping by ripping the spigot out of the side of the wall," said Mark Laskowski, the Assistant Director with Greater Spokane County Meals on Wheels.

    >>

    SPOKANE, Wash. - A local organization on a mission to do good was hit with some pretty bad damage. The assistant director of Greater Spokane County Meals on Wheels says he woke up to a security alert early Sunday morning and what he found baffled him. "Somebody had attempted to steal some copper piping by ripping the spigot out of the side of the wall," said Mark Laskowski, the Assistant Director with Greater Spokane County Meals on Wheels.

    >>
  • Security cameras catch stranger touching himself in Spokane woman's backyard

    Security cameras catch stranger touching himself in Spokane woman's backyard

    Sunday, August 20 2017 8:27 PM EDT2017-08-21 00:27:40 GMT

    SPOKANE, Wash. - One family is absolutely shocked after what they found a man doing in their backyard. Denise says she was at home doing her nails, when her daughter Jenay took the dog outside to go to the bathroom. “The dog charged and chased something out of the yard,” she says. They noticed a shadow so they went to review the surveillance video. 

    >>

    SPOKANE, Wash. - One family is absolutely shocked after what they found a man doing in their backyard. Denise says she was at home doing her nails, when her daughter Jenay took the dog outside to go to the bathroom. “The dog charged and chased something out of the yard,” she says. They noticed a shadow so they went to review the surveillance video. 

    >>
  • Florida man busted for stealing a car while watching eclipse

    Florida man busted for stealing a car while watching eclipse

    Tuesday, August 22 2017 12:47 AM EDT2017-08-22 04:47:40 GMT

    KISSIMMEE, Fla. - The Orange County Sheriff's Office in Florida reports a man got busted for stealing a vehicle Monday and was taken into custody while he was watching the solar eclipse.  Officers say 22-year-old Jocsan Feliciano Rosado stole a car Monday and was being followed by deputies when he stopped at a store to buy a welder's helmet in order to safely view the eclipse.

    >>

    KISSIMMEE, Fla. - The Orange County Sheriff's Office in Florida reports a man got busted for stealing a vehicle Monday and was taken into custody while he was watching the solar eclipse.  Officers say 22-year-old Jocsan Feliciano Rosado stole a car Monday and was being followed by deputies when he stopped at a store to buy a welder's helmet in order to safely view the eclipse.

    >>
HD DOPPLER 6i
/