TribLIVE

| Business


Starz renews deal to get Sony movies through 2021

About The Associated Press
The Associated Press 212-621-1500
Associated Press
The Associated Press



Contact Us | Video | RSS | Mobile



By The Associated Press

Published: Tuesday, February 12, 2013, 12:01 a.m.
Updated: Tuesday, February 12, 2013

Premium pay TV channel Starz said Monday that it renewed an agreement to carry movies from Sony Pictures through 2021. The deal, which was seen as a must-win for the channel, was finished two months after Netflix snatched new Disney movies from Starz. The deal will extend Sony's relationship with Starz by five years, giving the channel access to major Hollywood releases. Disney movies released in 2016 and beyond will play on Netflix's streaming service instead of Starz.

Analysts speculated that Starz is paying anywhere from $250 million to $400 million per year, an increase from the estimated $200 million it is paying Sony currently.

Netflix isn't considered a “traditional” pay TV network, but its service, at $8 a month, is seen as increasingly competing with premium pay TV channels such as HBO, Showtime and Starz, which cost $15 a month.

Starz had 21 million subscribers as of the end of September. Netflix has 27 million subscribers at year-end.

Most Popular Stories

  1. Pens will unveil even bigger TV screen for fans in Game 5
  2. Whitehall couple sues Pittsburgh zoo over son’s mauling by painted dogs
  3. Pirates notebook: Melancon relishes rare save opportunity
  4. Storm, rain announce cold front’s arrival
  5. Neal, Iginla get back on track to lead Penguins
  6. Steelers notebook: Slimmed-down Redman optimistic for 2013
  7. Kovacevic: It’s about time for these Penguins
  8. Steelers veteran outside linebacker Woodley: ‘I’m good to go’
  9. Penguins turn Game 4 into a blowout victory over the Senators
  10. Pitt’s McConnell-Serio adds sister to coaching staff
  11. North Versailles man sentenced in shooting death of friend
You must be signed in to add comments

To comment, click the Sign in or sign up at the very top of this page.

There are currently no comments for this story.
Subscribe today! Click here for our subscription offers.