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HBO Blocks Netflix Deal With Studios

by  in Comic News, Movie News, TV News Comment
HBO Blocks Netflix Deal With Studios

Netflix may have closed a deal for online exclusivity for movies from Lionsgate, MGM and Paramount last week, but don’t expect a similar deal for Warners, Universal or 20th Century Fox. The reason why? HBO.

HBO, which is owned by Time-Warner, controls the cable and internet rights for those studios, and has no plans to make a deal with Netflix, according to Co-President Eric Kessler. Talking to Bloomberg, he explained, “There is value in exclusivity,” adding that he thinks viewers will pay for such content through HBO’s own online ventures. A Netflix spokesman is much more friendly, however: “We would love to do a deal as well with HBO. Compete with us or collaborate with us, but we would much rather work with them.”

All I want is the ability to watch movies on my laptop or streamed to my TV cheaply. Is that much to ask?

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