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: Zynga seeks new harvest with mobile FarmVille game

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

Venture investments jump to $9.5B in 1Q

7 hours ago

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into an increasing number of deals, according to a report due out Friday.

Weibo IPO below expectations, raises $285.6 mn

Apr 17, 2014

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

'Chief Yahoo' David Filo returns to board

Apr 17, 2014

Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

User comments : 0

More news stories

Under some LED bulbs whites aren't 'whiter than white'

For years, companies have been adding whiteners to laundry detergent, paints, plastics, paper and fabrics to make whites look "whiter than white," but now, with a switch away from incandescent and fluorescent lighting, different ...

Researchers uncover likely creator of Bitcoin

The primary author of the celebrated Bitcoin paper, and therefore probable creator of Bitcoin, is most likely Nick Szabo, a blogger and former George Washington University law professor, according to students ...

Continents may be a key feature of Super-Earths

Huge Earth-like planets that have both continents and oceans may be better at harboring extraterrestrial life than those that are water-only worlds. A new study gives hope for the possibility that many super-Earth ...

Researchers successfully clone adult human stem cells

(Phys.org) —An international team of researchers, led by Robert Lanza, of Advanced Cell Technology, has announced that they have performed the first successful cloning of adult human skin cells into stem ...