This is one of the greatest pieces of news to come out of the Netflix camp in the history of the company. Disney has had a limited partnership with Netflix Streaming over the past few years, and I have watched a few movies (Princess & The Frog comes to mind) from the studio on the service. But now Netflix has locked up this partnership for the better part of the rest of the decade, and Disney is bringing along the newly acquired Marvel Films & Star Wars franchises along for the ride. How fucking cool is this? First up, I can't wait to eventually watch Clone Wars on Streaming. Secondly, this provides Disney with an outlet for movies that they have put in the Vault, which sucks if you miss out on buying one of these films when they are released shortly. Not to mention Avengers on repeat... yeah buddy! These changes will begin right away, with films like Dumbo, Alice In Wonderland, and Pocahontas starting to stream shortly and more titles to follow over the next few years. Thanks to Deadline for breaking the story. This sure leads me to believe that Netflix will still be getting my 7.99 a month for the foreseeable future. Check out the full press release after the jump...
Netflix Inc. (Nasdaq:NFLX) and The Walt Disney Company (NYSE:DIS) today announced a new multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run live-action and animated feature films from The Walt Disney Studios.
Beginning with its 2016 theatrically released feature films, new Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature titles will be made available for Netflix members to watch instantly in the pay TV window on multiple platforms, including television, tablets, computers and mobile phones. Also included in the agreement are high-profile Disney direct-to-video new releases, which will be made available on Netflix starting in 2013.
Separately, Disney and Netflix have reached agreement on a multi-year catalog deal that today brings to U.S. Netflix members such beloved Disney movies such as “Dumbo,” “Pocahontas” and “Alice in Wonderland.”
“Disney and Netflix have shared a long and mutually beneficial relationship and this deal will bring to our subscribers, in the first pay TV window, some of the highest-quality, most imaginative family films being made today,” said Ted Sarandos, Chief Content Officer at Netflix. “It’s a bold leap forward for Internet television and we are incredibly pleased and proud this iconic family brand is teaming with Netflix to make it happen.”
“With this cutting-edge agreement, we are thrilled to take our highly valued relationship with Netflix to the next level by adding Disney’s premier films to their programming line-up,” said Janice Marinelli, President, Disney-ABC Domestic Television. “Netflix continues to meet the demands of its subscribers in today’s rapidly evolving digital landscape, and we are delighted that they will have much earlier access to our top-quality and entertaining slate,” she continued.Financial terms of the agreement were not disclosed.