Warner CEO Jeff Bewkes is one of Hollywood’s most outspoken opponents of Redbox’s model and outspoken proponents of delay windows. In commentary during Warner’s earnings call today, Bewkes implied that in increase in cost and/or time to acquire Warner content is coming soon for Redbox and Netflix.
According to Bewkes:
“The current terms [with Redbox and Netflix] are not commensurate to the value of our films . . . The value should be considerably higher than what we are getting now.”
Netflix would likely suffer less than Redbox if Bewke’s bluster comes to pass, as its catalog is much less dependent on new releases.
Bewkes has made noises about altering the terms of Warner’s agreement with Redbox before. How much pain would higher costs and a longer delay on Warner content cause Redbox?
(via Paid Content)