In a letter to shareholders of Netflix on Tuesday, the Netflix chief Reed Hastings and CFO David Wells said that they were looking to team up with HBO and raised the possibility of that happening.
“While we compete for content and viewing time with HBO, it is also possible we will find opportunities to work together – just as we do with other networks,” they wrote. “Consumers who are passionate about movies and TV shows are quite willing to subscribe to multiple services.”
HBO, however, disagrees and sees things from a different perspective.
“We are no in discussions and have no plans to work with Netflix,” HBO spokesman Adam Rabinowe said today.
People who want to view True Blood, Entourage, or any of HBO’s original programming via Netflix, your expectations are pretty much shattered. Such a deal would have never taken place in the first place as HBO has its own streaming facility called HBO GO, which contends with Netflix and the likes directly. Secondly, Netflix and HBO have been going through bitter phase of their relationship. In January, HBO decided that they wouldn’t provide DVDs of its TV shows to Netflix at discounted rate, though that did not disturb Netflix users from hiring its existing DVDs, but future DVDs had to be bought at full price.
Back in January, Netflix publicized that its subscribers had apparently viewed more than two billion hours of TV shows and movies. Half of its subscriber population streamed content via their gaming console like XBox, 42 percent watched via their computers, 14 percent connected their laptops to TV, and about 6 percent used an Internet-enabled TV. Over 1.2 million people used devices like Boxee Box or Apple TV to access Netflix. Such a spike in growth has not been appreciated by movie studios as they would like people to buy DVDs at full price from them instead of renting it from Netflix.
HBO has certainly not been a fan of Netflix. HBO had formerly refused to offer Watch Instantly service from Netflix, as an alternative they opted to have the shows broadcasted directly via their own online streaming platform, HBO Go, and through cable operators of course. Companies like Warner Brothers will apparently make rental giants like Redbox, Netflix and Blockbuster wait 56 days as opposed to previous 28 days of delay before they can even start offering the newly released content.
Netflix stated that they have gained $6.2 million net income in this quarter. People who still want to watch HBO episodes are quiet required to maintain a subscription with HBO GO or watch it some other way. Are you upset about HBO’s move? Let us know using the comment form below.