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Netflix signs deal for Dreamworks films

Monday 26 September 2011 | 10:27 CET | News
DreamWorks Animation said it completed a deal to bring its films and TV shows to Netflix, replacing a less lucrative pact with HBO. The Netflix deal is estimated to be worth USD 30 million per picture to DreamWorks over an unspecified period of years, the New York Times reports. Jeffrey Katzenberg, the studio's chief executive, said it was a "game-changing deal" that shows a long-term shift underway in the industry towards online distribution. Katzenberg said he was confident about the direction Netflix was heading, calling the company's decision to split streaming and DVD "a very tough and

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Categories: Internet
Companies: HBA Telecom B.v. / Netflix
Countries: United States
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