Netflix, DreamWorks Animation Finalize Streaming Deal

DreamWorks Animation and Netflix have finished a streaming rights deal for DWA films and TV special deals, the NY Occasions reported late Sunday.our editor indicates CBS, Netflix Sign Two-Year Content Agreement ICMs Chris Silbermann on New Network Chiefs, Netflixs Impact as well as the Very Worthwhile Pilot Season'Mad Men' Begins Streaming on NetflixAmazon Coping with Netflix With New Unlimited Streaming Initiative The completely new deal -- that's apparently worth $Thirty Dollars million per movie to DWA over an unspecified time period -- essentially replaces the animation studio's film output pact with Cinemax, which expired in 2014 the Occasions looks at the network let DWA from the contract couple of years early. STORY: DreamWorks Animation, Netflix Finalizing Streaming Deal The completely new deal, which has elevated the works well with several days, continues to be suggested as the first time a substantial Hollywood content provider has selected Web streaming pay an excessive amount of TV. "We are really starting to determine a extended-term guide of where the marketplace is headed," DWA chief Jeffrey Katzenberg told the Occasions. "That is a game title title-changing deal." Netflix chief content officer Ted Sarandos added: "You're seeing energy getting into the hands of content designers. Each time a company like DreamWorks finishes a extended-running pay TV deal - each time a new buyer inside the space steps up -- this can be a interesting landscape change." STORY: Analyst: DreamWorks Animation Losing 'Mojo' With Netflix Streaming Deal The sale will dsicover Netflix begin streaming DWA movies from 2013. The studio is delivering three movies that year: prehistoric-designed The CroodsTurbo, which concentrates on a snail and Peabody & Sherman, featuring the famous Rocky and Bullwinkle figures. In line with the Occasions, library game game titles like Kung Fu Panda and Antzalso are part of the deal and may become available afterwards. Experts have predicted that Netflix would push for further streaming content deals when faced with elevated competition from Apple, Amazon . com . com, Blockbuster and Vudu, whether they have mentioned that DWA may look for new ways to generate money off its content. Related Subjects DreamWorks Animation Netflix