Netflix inks Disney deal, but no new films 'til 2016 |
CNNMoney - Dec 4, 2012 |
Netflix has inked a high-profile deal with Walt Disney Studios, but you won't see new releases in your streaming queue for another four years.
Starting with Disney's 2016 feature films, Netflix customers will be able to stream a catalog of titles from Disney and four of its subsidiaries: Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature.
Netflix will become "the exclusive U.S. subscription television service" for Disney's new releases. That means pay-cable network Starz will no longer carry those films, Netflix spokesman Jonathan Friedland confirmed.
That makes Tuesday's deal a nice bit of revenge for Netflix, whose contract with Starz expired in February after deal-renewal negotiations fell apart. Starz currently licenses many Disney films, in addition to titles from several other studios.
Read Full Article from CNNMoney
- Posted: 2012-12-04 16:02:19
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