Netflix, Miramax finally sign streaming deal
The streaming service will now have access to "Pulp Fiction," "Scream," and other prominent films from the Miramax catalog of titles.
Miramax and Netflix have signed a multiyear content deal, the companies announced today.
Starting next month, "several hundred" Miramax movies, including "Pulp Fiction," "Shakespeare In Love," and "Good Will Hunting," will be made available on Netflix's streaming service in the U.S. The deal marks the first time that Miramax has ever brought its content to a digital subscription service, the company said.
"From day one, we've been very clear about the importance of digital and our desire to respond to the significant pent-up demand for our films--delivering to consumers whenever and wherever they want," Miramax CEO Mike Lang said in a statement. "This agreement is an important first step in our digital strategy."
Lang didn't go any further on Miramax's digital plans. However, back in March, when rumors of the studio inking a deal with Netflix first cropped up, The Wall Street Journal reported that Miramax was also in talks with Amazon and Facebook to bring its streaming library to those services. So far, the company hasn't announced deals with those companies.
The addition of Miramax content should help round out Netflix's growing content base. Last year, the company signed a deal with Epix, which is owned by Paramount, Lionsgate, and MGM, to bring those studios' content to its streaming offering. Last month, Netflix expanded its deal with Twentieth Century Fox to offer "Glee" and "Sons of Anarchy" to subscribers. It followed that up just a few days later by inking a deal to offer AMC's "Mad Men" on the service.
Netflix has even bought the rights to "House of Cards," a new series starring Kevin Spacey. The show will air exclusively on Netflix starting next year.
In addition to the several hundred titles Miramax will add to Netflix, the company said that it will include more content "on a rotating basis." Terms of the deal between the companies were not disclosed.