Netflix members will start getting even more benefits from their subscription. One thing we can bet on is that Netflix is serious about moving beyond old release rentals, old TV Episodes, and DVD discs – and towards instant streaming of episodes and delivery of theatrical films.
According to PR Newswire, Netflix, Inc and Nu Image/Millennium Films today announced a long-term agreement through which first-run theatrical films distributed by the Nu Image/Millennium Group will be licensed to Netflix for streaming over the Internet to its subscribers during the “pay TV window.” “Historically, these films have been licensed to premium TV channels.The deal underscores how Netflix is moving rapidly to expand both the variety and timeliness of movies and TV episodes available to be watched instantly by its members. The companies said they expect five to 10 theatrical films per year to flow to Netflix through the agreement, in general just a few months after their release on DVD.
So who is and what can Nu Image and Millennium Films deliver to Netflix subscribers. To name a few of their films: “The Expendables,” “John Rambo,” “Brooklyn’s Finest,” “Righteous Kill,” “16 Blocks” and “Black Dahlia.”
While no financial details were released, this is sure to bring a smile to just about every subscriber of Netflix. Hit up our comments and let us know what you think!
Via PR Newswire