(L-r) JUDE LAW as Dr. John Watson and ROBERT DOWNEY...

(L-r) JUDE LAW as Dr. John Watson and ROBERT DOWNEY JR. as Sherlock Holmes in Warner Bros. Pictures? and Village Roadshow Pictures? action-adventure mystery ?Sherlock Holmes,? distributed by Warner Bros. Pictures. Credit: Warner Bros. Pictures/Warner Bros. Pictures

Netflix has made a deal with Warner Bros. that puts a 28-day delay on renting  the studio's new releases.

What  this means for film fans is that during the first 28 days a new Warner Bros. movie is out on DVD, Netflix members will either have to wait another month to see the movie, get it On Demand, buy it on DVD, rent it from the old school rental stores, or turn to piracy.

In exchange for the delayed release, Warner Bros. will be offereing more movies on Netflix's live streaming service from its vault, which looks pretty lame.

Warner Bros. is hoping Netflix members will turn to the "buy the new DVD" option, as the movie industry is in the mist of DVD sale slump. If this goes well for Warner Bros., expect other studios to strike similar deals.

All-in-all with the slew of options out there, this deal is an incovenience for Netflix members. They will find other ways to watch new releases, and possibly stumble upon another cheaper and more convenient options for watching movies.

 

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Women hoping to become deacons ... Out East: Southold Fish Market ... Get the latest news and more great videos at NewsdayTV

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Women hoping to become deacons ... Out East: Southold Fish Market ... Get the latest news and more great videos at NewsdayTV

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME