Starz CEO Chris Albrecht said Wednesday he doesn't regret losing out on an exclusive streaming deal with Disney to Netflix last year because a renewed focus on original content at his premium channel will make up for it.
"If you look at what everyone is building their businesses around — whether it's the basic-tier services, whether it's the premium services, or whether it's Netflix—the thing that everyone is talking about is the originals," Albrecht told CNBC on Wednesday during an interview on CNBC's "Squawk on the Street."
Albrecht, who oversaw the production of iconic series at HBO while he was CEO there, said he plans to introduce 50 hours of original programming next year, including several new shows such as "Black Sails" and "Power." But whether they can make up for the loss of Disney properties remains to be seen, since Starz is far from the only channel banking on original programming.
(Read more: Starz 3Q net income falls 7% on higher costs)