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Epix isn't done signing streaming deals ... at least it hopes. The movie channel, co-owned by...

Epix isn't done signing streaming deals ... at least it hopes. The movie channel, co-owned by Viacom (VIA, VIAB), Lions Gate (LGF), and MGM, says it's talking with several companies, including Apple (previous), Google, and Hulu, about licensing its library. News of Epix's deal with Amazon did a number on former exclusive partner Netflix (NFLX -6.4%) today.
Comments (4)
  • nuatthis
    , contributor
    Comments (51) | Send Message
    The fact that Epix is making more money does not detract from Netflix, since the movies are there to view. No one in his right mind would migrate from Netflix somewhere else, since the $8/month is less than HBO, Starz or any of the other premium channels, whose movies are usless. The panic sellers are very short-sighted. We all know that management at Netflix is awful and should be replaced, but that still doesn't mean subscribers are going to disappear. Current movies are available from Red Box, good libraries and on some of the on-line sites, but that's not the point of Netflix -- it's the vast inventory and the ability to search it and find older movies and documentaries of every sort that matters.
    4 Sep 2012, 06:02 PM Reply Like
  • eagle2012
    , contributor
    Comments (85) | Send Message
    Very well said, nuatthis! I have to chuckle to myself at some of the authors on Seeking Alpha. They get to beating on their drum as to the end of the world for Netflix ... and then they disclose that they are shorting Neftlix. Sounds like a conflict of interest to me.


    I like owning Netflix (bought some more today), and I like using Netflix (the selection and search are great, as you say). In fact, I just signed up another family member today. I am definitely long Netflix, for myriad reasons, and I know how to be patient.
    4 Sep 2012, 10:30 PM Reply Like
  • Rbongni
    , contributor
    Comments (33) | Send Message
    "Never try and catch a falling knife. Wait for it to hit the ground then pick it up."
    5 Sep 2012, 04:19 PM Reply Like
  • biobat
    , contributor
    Comments (3184) | Send Message
    Well, you're talking to no one who uses Amazon for less than $8 a month. When Netflix was the only streaming game in town, they had the advantage and a monopoly on the customer market. That's now completely eroded and they're facing at best no growth in the US for the foreseeable future. That's not good when they've got billions in off sheet obligations coming due.
    6 Sep 2012, 10:06 AM Reply Like
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