Netflix Inc. (NASDAQ: NFLX) just cannot seem to catch a break. Despite having millions and millions of subscribers, the all-you-can-eat movie and television service is getting hit hard on news that rival Amazon.com Inc. (NASDAQ: AMZN) signed a deal with Epix for video streaming. This deal effectively ends the exclusivity that Netflix had with Epix and it only brings on
At issue is that Netflix has (or maybe had) a goal of reaching 7 million new subscribers in 2012. The fewer exclusive engagements that Netflix has, the less attractive Netflix is for consumers. Netflix already lost its content pact with Starz, which means that it lost much of the Disney content. Sorry about that kids
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