Assoc. Press wrote:
Netflix Inc. has reached a five-year deal worth nearly $1 billion to stream movies from Paramount, Lionsgate and MGM online starting Sept. 1 -- a major move that boosts its "Watch Instantly" offerings and makes the studios' joint pay TV venture Epix immediately profitable.
The agreement marks a further push by Netflix to stream movies to homes directly via personal computers, game consoles, Blu-ray players and TVs, and away from its rent-by-mail method. Netflix is trying to get its customers to view movies online so it can save on postage costs.
The agreement marks a further push by Netflix to stream movies to homes directly via personal computers, game consoles, Blu-ray players and TVs, and away from its rent-by-mail method. Netflix is trying to get its customers to view movies online so it can save on postage costs.
Huzzah! The whole "watch instantly" thing is something that always sounds good but then you see that there's a dozen "new" movies and hundreds of crap films from 1985 you'd never want to see. And it's never even the films that were popular from back when, it's always something like "Short Circuit III".
But when they do have something from this year (or an older true classic) that I'd want to rent otherwise, it's just awesome. So here's hoping for more of that.