Andre Yoskowitz
30 Aug 2015 22:28
Hulu has announced today that it has inked a deal with Epix, just hours after Epix's distribution deal expired with rival streaming service Netflix.
Epix offers popular (and new) films from Lionsgate, MGM and Paramount so Netflix users will soon see titles like "Transformers" and "The Hunger Games" leaving the service.
Netflix's chief content officer Ted Sarandos confirmed the switch will take effect on September 30. "If you want to see them on Netflix US, now is the time," he noted.
Hulu, on the other hand, is making an expensive bet that the films will get people to sign up for their service, which is also $7.99 per month. Hulu currently has about 10 million paying subscribers compared to Netflix at 65 million but Hulu does offer content that Netflix does not - new episodes of current TV shows.
"This is a landmark deal for Hulu and it marks a huge expansion for our offering of premium programming," Hulu's head of content Craig Erwich said in a statement. Hulu also boasted the films that will eventually be available thanks to the deal including "Hunger Games: Mockingjay Part 1," "Interstellar," "Mission: Impossible Rogue Nation," and "The SpongeBob Movie: Sponge Out of Water."
Source:
CNN