Yes, it's true --
TechCrunch reports that
Starz is terminating its content renewal discussions with
Netflix. That means many of
Netflix's most important (most watched) video titles will be gone, gone, gone in 2012. Bad day for
Netflix. Stock plummets near 10% in after-hour trading (as of 3 pm PT). Smart move by
Starz? We will see.
But, of course, it likely is more like the oldest trick in the book -- i.e., call off the deal discussions, and watch time pass until the other guy comes back. In this case, Starz really does hold the cards.
After all, content is still king ... and always will be ....