Netflix loses rights to stream 1,800 movies

A man is seen flipping through Netflix in this undated file photo.

May 2, 2013 4:40:10 AM PDT
In just a few hours, Netflix will be offering fewer movie titles.

Nearly 1,800 films will disappear from the Netflix streaming service at midnight.

That's when the Netflix licensing agreement ends for older movies from Warner Brothers, Universal and MGM.

Those classic movie titles will become the exclusive property of Warner Archive Instant, a new video streaming service.