The Weinstein Co. Agrees to Exclusive Streaming Deal With Netflix
The Weinstein Co. has agreed to an exclusive, multiyear streaming deal with Netflix.
Starting in 2016, Netflix will be the sole U.S. home of first-run films from TWC and Dimension during their premium pay-TV window.
TWC already has a deal with Netflix covering select films, including documentaries, foreign films and titles such as Oscar winner The Artist, as well as movies released by its multiplatform label RADiUS-TWC. This agreement expands upon that earlier pact. TWC also had a seven-year pay TV deal with Showtime, which it agreed to in 2008.
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"The deal that we've just completed with Netflix is probably the biggest deal in the history of The Weinstein Company, and together we are discussing ways to reinvent the pay TV experience so that the audience can get even more for their money," Harvey Weinstein said in a statement.
Netflix chief content officer Ted Sarandos added: "Harvey and Bob Weinstein are in a class of their own when it comes to choosing and producing the best films in the world. They are as innovative in business as they are creative in their storytelling. We look forward to reinventing the pay TV window with the Weinsteins."
TWC joins Disney, DreamWorks Animation and Twentieth Century Fox Television as companies that have recently agreed to multiyear, exclusive streaming deals with Netflix.
Disney's deal also begins with titles released in 2016.