Warner is Raising Fees on Content for Netflix and Redbox 
Home Theater News What Is On In HD News
Written by Dick Ward   
Thursday, 03 February 2011

Movie studios had a chance to get a piece of Netflix back in the day and they're still smarting from their decision.  They're a bit sore about Redbox too, a company that rents their films at what they consider to be absolutely ridiculous prices.

Warner is doing something about it.  They're raising the price of their licensing fees for both physical and streaming content to Netflix and Redbox.  “The current [license] terms are not commensurate to the value of our films,” says Time Warner CEO Jeff Bewkes. “The value should be considerably higher than what we are getting now.”

In addition to the increase of fees to these low cost services, Warner is introducing premium video on demand, which will let consumers rent movies just 60 days after their theatrical run.  There's also a big push towards media ownership thanks to the new digital rights management system known as Ultraviolet.







Like this article? Bookmark and share with any of the sites below.
Digg!Reddit!Del.icio.us!Google!StumbleUpon!Yahoo!Free social bookmarking plugins and extensions for Joomla! websites!
 
Joomla SEF URLs by Artio