Starz Wants $350 Million a Year to Renew Netflix Streaming Deal

Jun 2, 2011  •  Post A Comment

Pay-television network Starz reportedly wants $350 million a year to renew its streaming agreement with Netflix, according to the New York Post.

The figure, if agreed to, would surpass the $200 million-per-year, five-year deal Netflix struck with Epix last year, and is far more than the $30 million per year Netflix currently pays Starz for streaming its movies and original series.

Starz’s premium content has been an important factor in Netflix’s efforts to draw its subscribers away from mailed DVDs and into digital streaming. Analysts have said the Starz deal is likely to be renewed at about $250 million to $300 million annually.

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