Your window for watching Harry and the Hendersons and Steve Austin in Hunt to Kill on a stoned whim is slowly closing. Starz has announced that they will not renew their content deal with the Netflix Instant digital streaming service meaning that Netflix will lose access to newer titles from Sony and Walt Disney as of February 28th, 2012. Though it does mean that they can use the money earmarked for the Starz deal elsewhere (and better).
ENGLEWOOD, Colo., Sept. 1, 2011 /PRNewswire/ — Starz, LLC, President and Chief Executive Officer, Chris Albrecht, issued the following statement today regarding the status of affiliation agreement renewal discussions with Netflix.
“Starz Entertainment has ended contract renewal negotiations with Netflix. When the agreement expires on February 28, 2012, Starz will cease to distribute its content on the Netflix streaming platform. This decision is a result of our strategy to protect the premium nature of our brand by preserving the appropriate pricing and packaging of our exclusive and highly valuable content. With our current studio rights and growing original programming presence, the network is in an excellent position to evaluate new opportunities and expand its overall business.”