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The big news today is that Netflix, poised to be the leading consumer alternative to a cable subscription, has closed a $1B deal with Epix for exclusive streaming rights to their film titles 3 months after their debut on the channel. That means access to Paramount, Lionsgate, and MGM titles (the channels backers.) This comes off the back of another exclusive deal with Relativity Media. Netflix seem to be betting on streaming VOD subscription services as the future of consumer habits, and are willing to make BIG acquisitions to secure their positioning.
