Netflix UK Inks Deal with Miramax

According the Guardian Netflix has inked a deal with Miramax films to exclusively stream films such as Pulp Fiction, Shakespeare In Love,  Gangs of New York and No Country For Old Men alongside some other dubious treats such as In Bed with Madonna and Godzilla vs. Biollante. Content deals like this are as much about future media rights as they are back catalogue and the Miramax deal will give Netflix rights to the new Hobbit films and the feature length remake of 21 Jump Street, both anticipated to be big releases.

This is the third major announcement in recent weeks, following hot on the heels of deals with MGM and Lionsgate. Whether Netflix will be able to gain market share against the current encumbents, LOVEFilm (now owned by Amazon) and BSkyB remains to be seen, but they are certainly not entering the market half-heartedly.

From the same Guardian article:

“Netflix is also understood to be in advanced talks with companies including ITV, Momentum Pictures – which has rights to films such as The King’s Speech, the trilogy of releases based on Stieg Larsson’s Millennium novels and Lost in Translation – and Channel 4.”

Press Release

BEVERLY HILLS and SANTA MONICA, CA – November 16, 2011 – Netflix Inc. (Nasdaq: NFLX) and Miramax today announced a new multi-year digital licensing agreement that will bring a broad range of acclaimed Miramax films to Netflix members in the UK and Ireland.  Beginning in early 2012, Miramax titles will be available for Netflix members to watch instantly in the UK and Ireland streamed over the Internet to connected TVs, tablets, game consoles, computers and mobile phones.

“Netflix is proud to be able to offer the unmatched mix of award-winning, independent and commercially successful films Miramax is known for,” said Ted Sarandos, Netflix Chief Content Officer.

Full press release here

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