Netflix Signs Up With The Weinstein Co.

Netflix (NASDAQ: NFLX  ) and The Weinstein Co. have signed a multiyear agreement giving Netflix the exclusive U.S. subscription television license to air Weinstein Co. first-run movies, the companies announced today.

The Weinstein Co. is the producer of the current box office leader, Lee Daniels' The Butler.

Beginning with Weinstein Co.'s 2016 theatrically released titles, Netflix subscribers will be able to stream movies from Weinstein Co. and its Dimension Films on their TV sets, tablets, mobile phones, and computers. Weinstein Co.documentaries and foreign films, including The Artist and Undefeated, are already available on Netflix.

Weinstein Co. owners Harvey and Bob Weinstein "are in a class of their own when it comes to choosing and producing the best films in the world," said Netflix chief content officer Ted Sarandos in the companies' statement. "We look forward to reinventing the pay TV window with the Weinsteins."

Harvey Weinstein said in the statement that the deal was "probably the biggest deal in the history of The Weinstein Company."


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2602850, ~/Articles/ArticleHandler.aspx, 4/1/2015 10:49:56 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!