MGM, Paramount, and Lionsgate are reportedly joining together to form their own TV channel called Epix. The channel would show movies from the three studios nine months after they are released in theaters. In addition to the television channel, the group also plans on launching a Web site where users can stream movies on demand.
Currently no cable or satellite companies have agreed to pick up the channel, which would be a definite requirement if anyone will actually ever be able to watch it. The channel would work similar to HBO, in the respect that customers would have to pay an additional fee to get the channel.
The Web site for the channel will also cost money. The idea would be to charge a subscription for users to watch the same movies they can watch on their television on demand streaming from the Web site.
It could be interesting to see if given the option, users will prefer to subscribe to a cable channel or a web video on demand service for their movies- it would also be interesting to see what the price difference will be between getting the two different, yet for the most part same services.
Personally I would like to see the channel and on-demand service offered as a bundle together. That way you could watch movies as they aired on your television, but also stream them from your computer when you’re on-the-go or if you’re in the mood to watch a movie.
With the extreme availability of movies now on the web, wither streaming from places like Netflix, or downloaded from iTunes- it will be interesting to see if another video on demand site could even get the legs it needs to get started.
What do you think? Would you subscribe to the Epix television station or Web site for your movies?
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