According to Business Wire, Studio 3 Networks have announced the launch of a new next-generation entertainment service, “epix.” The New York Times reports that while the service will be available online in May, it currently lacks cable and satellite distribution. It could pose a threat to other premium channels, offering films sooner after theatrical release as well as having exclusive access to movies released by Paramount since January 2008 (the studio’s deal with Showtime ended the previous year) and those by MGM, United Artists and Lionsgate from the start of this year.
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