(Credit: Greg Sandoval/CNET)
Netflix subscribers who stream films over the Web will soon be getting access to a greater number of movies from Warner Bros.
In a groundbreaking deal for online movie rentals, Netflix and Warner Bros. Home Entertainment announced Wednesday that they have expanded their licensing arrangement for streaming movies, and Netflix now has licensing rights to more of the studio’s catalog content. In exchange, Netflix agreed to do something it has never done before. The movie-by-mail service won’t offer new releases from the studio on DVD or Blu-ray discs until 28 days after they go on sale.
Um, I have to wait a month before I can rent/watch the hot new movies because the studios want to get a head start on selling the DVDs? This could be the death of Netflix.