HBO nixes potential partnership with Netflix

Premium TV channel HBO was quick to dispel any notion of forming a partnership with video rental service Netflix, the company said today.

Netflix CEO Reed Hastings insinuated that his company could possibly form an agreement with HBO either through a future content licensing agreement or content distribution deals in its Q2 2012 letter to shareholders Yesterday. In the letter, Hastings wrote: While we compete for content and viewing time with HBO, it is also possible we will find opportunities to work together just as we do with other networks.

HBOs content is considered by many people as a very valuable commodity. HBO subscribers justify spending an extra $30 per month on their already expensive cable bills to watch shows like Boardwalk Empire, Game of Thrones, True Blood, and... [via VentureBeat]