DamnedIfIknow used our news submit to tell us that due to Hollywood movie studios lack of interest in licensing their content Netflix Inc will have to postpone the test launch of its legal movie download service. The chief executive said that problems obtaining a license to distribute legal movie content had put the service on hold indefinitely.
The chief executive said that until the climate had changed, the company would continue to enhance and build on the current technology so that when the climate changes they would be ready to compete.
|
Hastings said the company would continue enhancing its infrastructure and developing technology to deliver online movies so the service "will be ready to launch when the content climate begins to thaw." |
So they are going to wait for Hell to freeze over? 🙂
Source: Yahoo News
