“Time Warner Inc.’s pay-television channel, home to shows including the ‘The Sopranos’ and ‘True Blood,’ holds cable and Internet rights to films from Warner Bros., Twentieth Century Fox and Universal Pictures and is unlikely to make a deal with Netflix, HBO Co-President Eric Kessler said,” Grover reports. “‘There is value in exclusivity,’ Kessler said in an interview. Consumers ‘are willing to pay a premium for high quality, exclusive content,’ he said… HBO’s stand prevents Los Gatos, California-based Netflix from gaining online access to titles from all of the major studios”
Grover reports, “HBO intends to stick with its own plan to make shows and movies available online through HBO Go, Kessler said. The cable channel, which has more than 29 million subscribers, generated operating profit of $1.2 billion on $3.9 billion in revenue last year, according to a presentation by Time Warner on May 27… In six months, HBO Go will be available to the channel’s paying subscribers at no additional cost through all major cable systems, on Apple Inc.’s iPad, on mobile devices and elsewhere, Kessler said.”
Full article here.