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Source: I Watch Stuff

If you are a fan of the movie rental service Netflix, you may not be a fan of the deals they have been making lately.  Recently they solidified a deal with Warner Bros where Netflix would delay the release of brand new DVD’s for 28 days, so the studio has a full month to try to make more money by selling them.  In return, Netflix gets the DVD’s at a lower cost giving them a cheaper per unit price.  This makes sense for both parties involved, especially Netflix who has been dominating the movie rental service and now online streaming service lately.  Here at the banter, we predicted that because of the success of the deal on both parties, that it was only a matter of time before of studios got in on the action.

Fox and Universal both signed deals with Netflix delaying new releases for 28 days.

Both studios signed almost identical deals as Warner Bros did regarding the release of new DVD’s that could be distributed on Netflix.  But it may not all be as bad as it sounds.  With this deal, Netflix is actually going to offer more streaming content from both these studios.  Now that sounds great in theory, of course depending on what types of movies they release to stream.  Clearly it’s not the new releases, and most of the older movies service no interest to me.  Not saying I wouldn’t like a larger library to scan through.  When I have found a movie to stream via my PS3, I think it’s great and the service is excellent.  But they come few and far between.  Hopefully this new deal makes more movies I actually would want to watch available.  I would rather have Netflix work on improving the quality of the stream first, but that’s just me.

What do you think of Fox and Universal signing deals with Netflix?