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Category: Entertainment

Netflix Inc. Deals with NU Image/Millennium Films

Written on September 09, 2010 by Japhet Writ

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Netflix got a studio reach deal with NU Image/Millennium Films! The film industry agrees for online streaming of their movies via Netflix, though financial terms are not yet disclosed. Are you part of the community already?

Though financial terms of the agreement weren’t disclosed yet, Inc. reached an agreement with / to license first-run theatrical movies for online streaming. Streaming goes during the “pay TV window,” when the film is usually available on premium TV channels. The film company stated that they would supply the movie-rental group with five to ten movies a year, a few months after the DVD release. NU Image employed a delayed release strategy to online platforms to protect their theatrical and DVD revenue. Millenium Films is best known for action and thriller movies like “The Expendables” and “Brooklyn’s Finest.”

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