The hits continue to come for beleaguered online video provider Netflix, which, amidst unpopular price hikes, is now losing the support of cable network Starz Entertainment, its leading supplier of new and recently released movies. As a result, the streaming digital TV and film service will soon be deprived of top shows like Party Down and Spartacus: Blood and Sand, plus new movies from Sony Pictures and Walt Disney Studios.
News comes on the heels of failed talks to extend a distribution deal with Starz that ends on February 28th, 2012, which allegedly faltered given Tinseltown’s growing unease over online video’s impact on its bottom line. Despite Netflix’s reported offer of over $300 million per year to renew the deal, roughly 10-times more than current licensing terms, the proposal was ostensibly rejected due to the cable network’s growing fears surrounding TV audiences cutting subscriptions. Fearing a decline in viewership for its broadcast and DVD offerings and growing shift towards payment for Netflix’s services, Starz chose to terminate talks, sending Netflix stock plummeting 9% in after-hours trading following the announcement.
It has not been a good week for Netflix. And without Starz they have way less movies available for streaming.
Okay, "Candleshoe." That is a Walt Disney film starring Jodi Foster and Helen Hayes.
The director screws up the film at the beginning with some 'street' scenes that are unbelievable. You might be able to buy Jodie as a 'tough' but those four boys with her?
Fortunately, they get her to the mansion quickly and then a great deal takes place rather quickly.
As Disney films go, I rank it up there with some of Kurt Russell's film.
Jodie was good in the film.
And it will make you laugh.
"This decision is a result of our strategy to protect the premium nature