Netflix believes that even though its series are the bread and butter, having movies is also very important.
Of course, these sort of big moves are necessary to keep Netflix ahead of the competition.
With a Disney streaming service, bolstered with Fox assets, on the horizon, Netflix has to continue to offer new and original content and differentiate itself from what else is out there.
It is fascinating that a company that started by mailing DVDs to people’s houses then turned to streaming and creating original shows, and now it is becoming a major player in the movies realm.