If you are a fan of online streaming services, the landscape may be about to shift in the very near future. Epix, a premium television channel and streaming service owned by Paramount, Lion’s Gate Entertainment, and Metro-Goldwyn-Mayer has recently struck a deal with Hulu, while Netflix has decided not to renew its agreement with the service.
This may serve as a blow to Netflix fans, because it will effectively remove films like World War Z, Hunger Games: Catching Fire, Transformers: Age of Extinction, and many other big budget films from the roster. In a blog post, the company Chief Content Officer Ted Sarandos broke the news.
Sarandos even admits that they wish they had more new films as much as the next person, however licensing agreements make that difficult. Either way, over the next month, their subscribers will see less blockbuster films and likely more movies resembling Nicolas Cage ripoffs of Liam Neeson movies.
Netflix’s loss turned out to be Hulu’s gain, because the next-day television service entered a multiyear agreement with Epix that is set to begin in October, as soon as the films leave Netflix. The next few months will include the latest films from the Hunger Games, Mission Impossible and Spongebob Squarepants franchises appearing on the green clad streaming site.
If you’re an avid customer of the national leader in procrastination, don’t fret, because Netflix wants to assure it’s customers that they’ll be working hard to produce more high-quality content through original movies and “innovative licensing agreements. Sarandos also reminded customers that it’s exclusivity deal with Disney finally kicks in next year, making Pixar, Lucasfilms, and Marvel films available to its subscribers quicker than any other service.
What do you think of the recent changes with Netflix and Hulu? Let us know in the comments below or on Google+, Facebook and Twitter.