Back in last June, we reported that Netflix has signed an agreement (with Epix) for the right to stream Transformers movies. However, that agreement has come to an end.
Netflix CEO Reed Hastings told investors in mid-2012 that Epix content did not account for a “particularly large” amount of its overall viewing. Since then, Netflix competitors like Amazon and Sling have inked deals with Epix as well.
“While many of these movies are popular, they are also widely available on cable and other subscription platforms at the same time as they are on Netflix and subject to the same drawn out licensing periods,” Ted Sarandos, chief content officer at Netflix, said in a blog posting justifying the decision not to renew a deal.
This will result in Epix, the cable provider with domestic streaming rights to Hunger Games and Transformers movies leaving Netflix and taking the movies with it at the end of next month.
Guess it’s time for Netflix to sing “Wake me up when September ends”.