Netflix may ruin studio by refusing to adjust contract dates

photo: SlashGear

The company is planning to stream a pair of films from producer Relativity Media LLC before they arrive in theaters, and it may be able to do so because of the current contract in place. The studio, it turns out, ran into some pretty big financial troubles and is banking on movies “Masterminds” and “The Disappointments Room” pulling it out of the frying pan. While making some big financial adjustments, the company had to delay the theatrical release of both movies, and the expectation was that Netflix would agree to adjust its streaming dates for after the theatrical releases. Netflix, though, says it is going to proceed with the original dates against the studio’s wishes. – Brittany A. Roston, SlashGear