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Netflix cuts ties with major movie group, focuses on exclusive content

Media | 08/31/2015 7:54 pm EDT

Netflix Inc. will not renew its licencing agreement with Epix — a joint venture by Paramount Pictures Corp., Lions Gate Entertainment Inc. and Metro-Goldwyn-Mayer Studios Inc. — because it wants to focus on exclusive content, chief content officer Ted Sarandos said in a blog post Sunday. He said that means some high profile movies, such as Hunger Games: Catching Fire and Transformers: Age of Extinction, will not be available on Netflix’ U.S. service after September....