Netflix really can’t catch a break.
With Hulu nipping at its heels and the recent price increase not making them too beloved with their fanbase, Netflix has lost another battle, this time with one of its biggest players, Starz. The network has announced that when their Netflix deal is up on February 28, 2012, that will be the end for their partnership.
The company gave Netflix films from the likes of Disney and Cony, and was overall one of Netflix’s biggest team members. Now, with Netflix seeing their stock drop 9% in after-hours trading post-announcement, this is proving to be one of the biggest deal breakers the company is having to overcome in quite some time. Personally, I didn’t have many of these films in my queue in the first place, so it’s not huge on my side, but given the popularity of some films this deal had within it, it could prove to be a major problem.
This is definitely something we’ll be keeping an eye on. What do you think?