Friday, December 3, 2010

NETFLIX LOOKING TO STREAM CURRENT TV EPISODES


The New York Post is reporting that DVD rental giant Netflix has been in talks with television studios as they try to acquire the rights to in-season TV episodes. The Post cites “a person familiar with the matter” and writes that Netflix is willing to offer content owners between $70,000 and $100,000 per episode for more current media. The in-season episodes would bolster Netflix’s somewhat dusty streaming content lineup. The report goes on to note that a current hiccup in the negotiations is between studios and broadcast networks. Studios are claiming to own the streaming rights to content produced for television networks while TV network executives are also laying claim to the same rights.

As of late, Netflix has turned its focus to streaming media services; recently the company announced the addition of a streaming-only monthly subscription plan in the U.S., something it has never offered before. Netflix declined to comment on the report when asked by the New York Post. [BGR]


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