Scripps scraps Netflix deal
November 8, 2016
Scripps Networks Interactive has announced it will not renew its streaming deal with Netflix when it expires at the end of the year.
COO Burton Jablin, speaking at the company’s earnings conference call, explained the decsion, commenting: “We assessed the SVoD universe and have made the strategic decision not to extend our SVoD agreement with Netflix past the end of this year. In the end, it really is not the kind of dual revenue model that best monetises our content over the long term.”
Scripps and Netflix struck a licensing deal in October 2014 that allowed the straming service to offer some of its shows such as Man Versus Food and Chopped.