Netflix Spending $1 Billion to Stream Fresh Movies
If you’re a subscriber to Netflix, you already know that one of the only ways to get fresh movies is to actually have them mailed to you. However, after the deal they’ve struck with Lion’s Gate / Paramount / MGM this week, you can expect to see some newer AAA titles in the streaming queue soon enough.
Last October, the three movie studios I listed earlier all started a pay TV channel titled Epix which generally shows the newer movies from those companies after one year has passed since the theatrical release, much in the same way that HBO and Starz tend to do.
Netflix has found a way to show these movies just a mere 90 days after they appear on Epix, but it’s going to cost them dearly, to the tune of $1,000,000,000 over the next five years. It might seem insane to spend so much money to have the licenses for their streaming service, but in the long run, it will end up saving Netflix some serious dough thanks to saved costs from shipping the DVD / BluRay discs across the nation.
The benefits of a streaming service are dear to those who use it, not having to wait for the movies to show up in the mail, not having to go through all of the retarded screens and previews before the movies themselves, etc…let’s just suffice it to say that once you go streaming, disc seems to fall flat.
The first series of movies to be seen on Netflix streaming will be some newish movies like “G.I. Joe: The Rise of Cobra” and “The Curious Case of Benjamin Button” and some classics like the entire “The Godfather” series…all on September 1st.
Best news is that other films like “Star Trek” and “Iron Man 2” will also be available for streaming in the following months. I just get happy when news like this happens because it makes me hopeful for a future where there won’t be a distinction between theatrical release and home release…mark my words, it’ll happen this generation.