- Inc. Technology - http://technology.inc.com -
Starz Break Off Renegotiation With Netflix
Posted By Matt DeLuca On September 6, 2011 @ 6:22 pm In E-Commerce,Internet and Online Business | 1 Comment
Negotiations between Starz and Netflix to renew the companies’ partnership yesterday collapsed, causing Netflix’s share price to drop 11 percent. The existing contract between the pay-TV operator and video distributor ends February 28, 2012.
“Starz Entertainment has ended contract renewal negotiations with Netflix,” a Starz press release said. “When the agreement expires on February 28, 2012, Starz will cease to distribute its content on the Netflix streaming platform.”
Over four years, Starz gave Netflix 4,000 titles, an important source of newly released video for the streaming video site. It is rumored that Starz may have been under pressure from Disney and other video producers to end its contract with Netflix.
Read more at TechCrunch .
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/09/06/starz-break-off-renegotiation-with-netflix/
URLs in this post:
 TechCrunch: http://techcrunch.com/2011/09/01/starz-ends-renewal-negotiations-with-netflix-will-cease-content-distribution-in-2012/
Copyright © 2011 Inc Technology. All rights reserved.