Netflix reaches 'strategic' agreement with Miramax

May 16, 2011
US movie rental company Netflix and studio Miramax have reached a multi-year agreement, under which Netflix members in the United States will be able to instantly watch motion pictures from the Miramax film library, the two companies announced Monday.

US movie rental company Netflix and studio Miramax have reached a multi-year agreement, under which Netflix members in the United States will be able to instantly watch motion pictures from the Miramax film library, the two companies announced Monday.

It is the first time Miramax titles have become available through a service.

The movies can be watched on multiple platforms, including TV, tablet, computer and mobile phones, according to the announcement.

Financial terms of the deal are not being disclosed.

" is thrilled to enter into this deal with the new team at Miramax," said Netflix Chief Content Officer Ted Sarandos.

"Existing relationships with management and a shared affinity for these great films make this an important deal for both companies and for our members, who will enjoy instantly watching movies from one of the truly great film libraries for many years to come."

Miramax is a leading worldwide film and television studio with a library of more than 700 motion pictures.

Netflix has more than 23 million Internet service subscribers in the United States and Canada.

Through this partnership, Netflix will gain access to a variety of films which collectively have 284 Academy Award nominations, including the Best Picture winners "The English Patient" and "Shakespeare in Love" among many others, the announcement said.

Explore further: Sony founder nephew starts as head of PlayStation unit

add to favorites email to friend print save as pdf

Related Stories

Google seeking Miramax films for YouTube

Nov 23, 2010

Google has been gradually adding professional content to YouTube in a bid to attract advertisers and turn a profit with the site it bought for 1.65 billion dollars four years ago.

Netflix adds to online movies with Relativity deal

Jul 06, 2010

(AP) -- Netflix Inc. is adding to the group of movies that its subscribers can watch online or over Internet-connected devices at the same time as they would have appeared on premium pay TV channels such as HBO or Showtime.

NBC shows to stream on Netflix

Sep 27, 2010

Netflix has reached a deal with NBC Universal to put "Saturday Night Live," "30 Rock," "Friday Night Lights," "Battlestar Galactica," "Monk" and other TV shows on its online instant streaming service, the companies announced ...

Disney CEO seduced by iPad

Feb 10, 2010

Walt Disney Co. president and chief executive Robert Iger said Tuesday that Apple's new iPad tablet computer may prove to be a "game changer" for the entertainment and media industry.

Amazon buys European movie rental service Lovefilm

Jan 20, 2011

(AP) -- Amazon.com Inc. is buying Lovefilm, a European movie rental service akin to Netflix Inc. The deal announced Thursday heralds Amazon's entrance into a market where Netflix doesn't yet do business, and it left analysts ...

Recommended for you

Alibaba IPO comes with unusual structure

5 hours ago

Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure.

China's Alibaba plans IPO for week of September 8

Aug 30, 2014

Chinese e-commerce giant Alibaba plans to hold its initial public offering on the US stock market the week of September 8, the Wall Street Journal reported Saturday, citing a person familiar with the matter.

Tablet sales slow as PCs find footing

Aug 30, 2014

Tablets won't eclipse personal computers as fast as once thought, according to studies by market tracker International Data Corporation (IDC).

User comments : 0