Hulu Making Smart Moves
Now that Netflix announced that it will not renew its deal with Epix, Hulu quickly announced its deal with Epix. People subscribed to Hulu will now gain movie access to movies and not only TV shows, Hulu will have access to movies from Paramount, MGM, and Lionsgate, which are the studios that own Epix. This deal will officially begin on October 1st. This is now making Hulu an even bigger competition for Netflix. "It's a huge deal for us... Obviously this is a big move for us in the movie market and really substantially increases the slate we have in our library. And it's certainly not the last movie deal you are going to hear from us. We're going to continue to invest a lot of money in programming." Eric Craiger, Hulu's head of content, told The Times in a phone interview. Ted Sarandos, Netflix content chief, stated in a blog post that the company had chose not to renew the Epix deal because it is veering away from nonexclusive content.
This specific article seemed very interesting because Hulu is known for having only TV shows, but with this deal it will become even more popular. This will also hurt Netflix as a business because Hulu is now slowly turning almost exactly like Netflix. Hulu is really making smart business decisions, I'm sure it will definitely gain customers off of this deal.
This will impact me as a consumer because I am currently subscribed to both services and with this deal I might as well just let go of Netflix and subscribe only to Hulu if they're nearly the same thing. A question this raises is what is going to be the next move for Netflix? Will this hurt Netflix as a business or improve it?
I think this will cause a lot of people to switch to Hulu now instead of Netflix. People are always complaining Netflix only has old movies and shows and Hulu will be a big competition for them now. Nice job Marvin! :)
ReplyDeleteI think more people will probably switch over to Hulu if Netflix doesn't get any better soon.
ReplyDeleteYeah Hulu and Netflix are practicly the same thing except Hulu has a lot more current shows on them then Netflix does which gives Hulu the win. I still love Netflix though :).
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