Netflix scored an exclusive deal to stream Disney movies,
marking the first time a major Hollywood studio has picked a Web upstart over
an established pay-TV player like HBO, according to the Ny post report.
The streaming-video service paid big bucks to best Liberty
Media’s Starz premium channel, which previously held the rights to show Disney
movies in the US.
While financial terms weren’t disclosed, Netflix is ponying
up an estimated $350 million a year for the rights to stream Disney’s films a
few months after they first air in theaters — a distribution window typically
reserved for pay-TV channels. The move
aims to distinguish Netflix from a crowded field of streaming rivals including
Amazon, Hulu Plus and Verizon/Redbox, while also putting premium channels like
HBO, Starz, Showtime and Epix on notice….
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