HBO renews Universal film deal, one less studio for Netflix
HBO has locked up the pay-TV rights for films from Universal Pictures, one of the top six Hollywood film studios, the company's said today.
HBO, owned by Time Warner, and Comcast-controlled Universal, said they extended their licensing agreement into the next decade. HBO will continue to own exclusive access to the movies during the pay-TV window -- the period that begins after movies are made available for sale on download and discs.
The deal limits Netflix's ability to land another big licensing agreement similar to the one it entered into with Disney late last year. A month ago, … Read more
