TV Industry Plans to Neutralize Netflix

By |


TV_Industry_blocks_netflix.gif

PaidContent.org, an economics website, has a very interesting article detailing Turner Broadcasting's plans for dealing with Netflix. This information came from Turner Broadcasting chairman and CEO Phil Kent during a Citigroup Global Entertainment, Media, and Telecommunications Conference.

Additional Resources
• Read more industry trade news and movie news from HomeTheaterReview.com.
• Learn more about SVOD services.
• Find out about Netflix on the iPhone.

Kent referred to Netflix as the "elephant in the room" and "a fly in the ointment." He said that the television industry is becoming more and more aware of the effects of Subscription Video-on-Demand (SVOD) services, specifically Netflix. Kent said, "We tell our suppliers, the studios we buy from: This is going to have a significant impact on what we will be willing to pay for programming or even bid at all."

So it sounds like the broadcasting companies are willing to play hardball with the studios. However, the studios are playing even harder ball with Netflix, doing whatever they can to block Netflix from getting access to the best shows. While in negotiations with the broadcast companies, the studios have frozen the SVOD rights to the television shows. And it unclear when these rights will become unfrozen.

In fact, Netflix is allowed only the crumbs. For example, Netflix was able to get the rights to the show Nip/Tuck because it drew little interest from broadcast syndication.

It's an interesting and powerful measure it institute to be sure, but how effective will this blockage be?


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest Streaming, Apps, and Downloads News

Mar 11
Mr. Spielberg, You're Wrong About Netflix Mr. Spielberg, Respectfully, I think you are wrong in trying to keep Netflix and other streaming services out of consideration...
Mr. Spielberg, You're Wrong About Netflix

Feb 15
Qobuz Officially Launches in the US After a whole lot of buzz and a good amount of time in beta testing, the new (to us in...
Qobuz Officially Launches in the US

Dec 18
New MQA Receivers and Players Announced MQA has announced a host of MQA-enabled products, most of which fall under the umbrella of stereo receivers, but with...
New MQA Receivers and Players Announced

Oct 18
Magnavox Announces New 720p and 1080p Roku TVs Perfect for the kids' rooms, spare room, or even the master bedroom, these new displays may not boast the ultimate in resolution, but they're a cord-cutter's dream.
Magnavox Announces New 720p and 1080p Roku TVs

Oct 04
Simaudio Introduces New MOON 390 Network Player Simaudio has announced the release of its new MOON 390 all-on-one network player, a feature packed streamer that features a...
Simaudio Introduces New MOON 390 Network Player