Entertainment: Friends, CW Shows Likely to Exit Netflix for Warner's New Streaming Service - PressFrom - US

EntertainmentFriends, CW Shows Likely to Exit Netflix for Warner's New Streaming Service

02:05  12 february  2019
02:05  12 february  2019 Source:   tvline.com

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With Warner set to release their own streaming service in late 2019 how will this affect Netflix ? Therefore any Warner title that is licensed to stream by Netflix such as Friends , can be removed Warner is a co-producer on all of the shows and also their distributor. The only potential stumbling

The streaming service and AT&T struck an agreement that raises the yearly licensing fee for the show by more than three times. To attract new streaming customers, AT&T will likely have to keep some of its shows and films off other services like Netflix and have them available only on AT&T’ s offering.

Friends, CW Shows Likely to Exit Netflix for Warner's New Streaming Service© Courtesy of NBC Universal

Better binge as much of the Central Perk gang on Netflix while you can: Friends is likely heading to WarnerMedia’s upcoming streaming service soon, the streamer’s boss says.

“You can expect the crown jewels of Warner” — referring to hit shows like Friends and The Big Bang Theory — “will ultimately end up on the new service,” WarnerMedia chief creative officer Kevin Reilly told reporters at the Television Critics Association winter press tour on Monday. (In fact, both those shows were specifically included in the service’s promotional materials.) And he’s not planning on sharing them with Netflix or any other competitors, either: “Sharing destination assets is not a good model. My belief is they should be exclusive to the service.”

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Netflix will continue operating under the deal struck in 2016 with CBS’ s subsidary The CW in 2019. The CW Titles Coming to Netflix in 2019. Titles are listed in alphabetical order. In The Dark is a brand new comedy likely bought into replacing the outgoing Jane the Virgin and Crazy Ex-Girlfriend.

The CW is heading into one its strongest lineups in many years with its DC series firing on all cylinders, as well as plenty of teen dramas, comedies and action series all arriving in the next few months. Here’ s all The CW shows that are coming to Netflix including their estimated release date.

Along with those hit sitcoms, the WarnerMedia streaming service — which still doesn’t have a name or a price point, but is set to launch in beta form by the end of the year — has its eye on CW shows like The Flash, Arrow and Riverdale that currently make Netflix their streaming home. The CW’s output deal with Netflix expires this spring, Reilly points out, and “we’re very interested in putting that on our platform.”

The unnamed service will also offer access to HBO programming and the Warner Bros. library of theatrical films. Original programming is planned as well, but won’t start rolling out until next year.

Friends, which originally aired on NBC from 1994 to 2004, has been available to stream on Netflix since 2015. The streamer recently paid a reported $100 million to keep Friends through the end of this year — but that agreement is non-exclusive, allowing WarnerMedia’s new service to add Friends as soon as it launches.

Netflix shares slip as spending weighs on profits

Netflix shares slip as spending weighs on profits Netflix shares swung lower Thursday as spending at the leading streaming television service weighed on quarterly revenue that fell slightly short of expectations.Netflix shares sank two percent to $345.84 in after-market trades that followed release of earnings figures that showed the Silicon Valley company logged profit of $134 million on revenue of $4.2 billion in the final three months of last year.That compated with a profit of $186 million on revenue of $3.3 billion in the same period the prior year. Netflix ended the year with 139 million paying members worldwide, up 29 million from the start of the year.Operating margin -- the money a company keeps after expenses -- shrank to 5.2 percent from 7.5 percent in a year-over-year comparison of quarters.The company said it had expected its margin to dip because of the number of shows that launched in the quarter."Our multiyear plan is to keep significantly growing our content while increasing our revenue faster to expand our operating margins," Netflix said in a letter to shareholders released along with the earnings report.Over the past quarter, Netflix said it added 8.8 million new subscribers at the end of last year, with 7.3 million of those outside the US.Netflix unveiled plans Tuesday to boost prices for US subscribers as it faces increasing competition in the streaming television market.The California-based company will raise the price of its most popular streaming plan with high-definition video by 18 percent to $12.

Should Netflix ’ s license of the show expire we’ll likely know come December 2018 when we There’ s been no announcement of what content is coming to Warner Brothers streaming service with the Netflix UK only got Friends added to the service during 2018. The series had been longrunning on

The CW and Netflix have confirmed a new multi-year output pact that significantly accelerates the availability of CW scripted series on the streaming giant. “ Netflix members in the U. S . love the great lineup of series from the CW , and we are thrilled to extend the relationship and bring those shows to

Related video: Best Phoebe Buffay Moments From "Friends" (via Refinery 29)

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