Community Corner
Netflix and the Weinstein Company Strike a Deal
The two companies agree to a licensing agreement.
By City News Service
Netflix Inc. and The Weinstein Co. today announced a multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run films from TWC.
Starting with its 2016 theatrically released feature films, new TWC and Dimension Films titles will be made available for Netflix members to watch instantly in the pay TV window on multiple platforms, including televisions, tablets, mobile phones and computers.
Netflix is already the pay TV home to TWC documentaries and foreign films, including Best Picture Academy Award winner "The Artist'' and Oscar- winning Best Documentary Feature "Undefeated.''
"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 Ted Sarandos, chief content officer for Netflix. "They are as innovative in business as they are creative in their storytelling. We look forward to reinventing the pay TV window with the Weinsteins.''
Harvey Weinstein called it "probably the biggest deal in the history of The Weinstein Company and together, we are discussing ways to reinvent the pay TV experience so that the audience can get even more for their money. Their enthusiasm for movies of all kinds was the big factor in our choosing Netflix.''
