$NFLX

Power-Packed Netflix Deal Gives Four Epic Starz Flagship Shows a New Home

Lionsgate Television signed a non-exclusive deal with Netflix to stream the Starz Power universe internationally and in the U.S. starting in November, covering Power and three spin-offs, with country-specific dates. Canada is excluded due to Bell Media rights. Hulu’s U.S. run for Power ends as it moves to Netflix. Starz keeps primary U.S. streaming and retains upcoming spin-offs Power: Origins and Power: Legacy.

Original reporting
Published Jul 28, 2026, 3:45 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Jul 28, 2026, 3:47 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Power-Packed Netflix Deal Gives Four Epic Starz Flagship Shows a New Home — source image
Decision brief

The 30-second read

$NFLXBullishMed
01

Why it matters

Netflix gains international rights and adds the original Power to its U.S. lineup in November, while Starz keeps primary U.S. streaming for the full universe. Spin-offs Power: Origins and Power: Legacy remain with Starz, and Raising Kanan’s finale is set for Aug 7 on Starz.

02

Market read

A time-specific licensing and catalog shift for a major scripted franchise, with rollout starting in November and clear regional carve-outs.

03

What to watch

No deal economics are provided, and Canada exclusion plus country-by-country rollout delays could dampen near-term engagement lift.

Relevance 7/10Novelty 6/10Timing: Netflix rollout starts in November, with the original Power moving to Netflix the same month.

Background

The Power universe is a Starz franchise, with the original series previously carried in the U.S. by Hulu since 2017.

Company-level read

Ticker impact

$NFLXBullishMedium confidence
Context

Netflix is acquiring international streaming rights for all four Power universe shows, including a U.S. move of the original Power from Hulu.

Expected impact

Likely modest, sentiment-driven impact rather than a near-term fundamental repricing.

Evidence & confidence

The article discloses a content-rights agreement and rollout timing, but provides no financial terms, subscriber impact, or guidance.

$LIONBullishMedium confidence
Context

Lionsgate Television signed a non-exclusive deal to bring the Starz Power franchise to Netflix internationally and in the U.S.

Expected impact

Neutral to mildly positive, with limited immediate earnings visibility due to lack of deal economics.

Evidence & confidence

The news is real and time-specific, but the article omits licensing fees, duration, and expected financial contribution.

Market effects

Highlights ongoing streaming content-rights competition and the continued value of premium scripted franchises like Power.

International availability expands outside Canada, while Canada remains excluded due to Bell Media’s existing Starz rights.

Reinforces a global licensing model where rollout timing varies by country based on pre-existing contracts.

Counterpoint

Because Starz remains the primary U.S. home and the deal is non-exclusive, Netflix’s incremental subscriber impact may be smaller than the headline implies.

Key entities

  • Netflix

    Acquires international streaming rights for four Power universe shows and takes the original Power in the U.S. in November.

  • Lionsgate Television

    Signed the non-exclusive deal enabling Netflix’s Power universe rights internationally and in the U.S.

  • Starz

    Retains primary American home for the entire Power universe and continues streaming all episodes on its platforms.

  • Bell Media

    Holds Canadian streaming rights via its Starz partnership, keeping Canada off the Netflix pact.

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