TW Wants Netflix Streamers to Pay More
The story emerged in The Hollywood Reporter, which quoted a Time Warner executive saying Netflix streamers should pay $20 a month. Ouch. Until then, HBO refuses to license its premium content for Netflix streaming, citing the cost of producing that content and its value to viewers.
Netflix is also getting rude stares from Time Warner cable channels. TBS is rattling its saber at studios from which it buys programming, saying competition from Netflix streaming is "going to have a significant impact on what we're going to be willing to pay for programming or even bid at all."
Not all of Hollywood is down on Netflix. The publication quoted a Disney executive: "What's not to like? They're another buyer, even for stuff that others don't consider terribly valuable."
Netflix is more interested in back catalogue than in new releases anyway, says one of its executives: "I don't care about last night's episode. I do want all of last season's episodes."