Netflix has inked a deal with Queen Latifah’s production company that gives the online service the exclusive opportunity to stream her movies shortly after their theatrical release. Flavor Unit Entertainment, which has produced Latifah’s films since Bringing Down the House as well as Lifetime’s recent Steel Magnolias remake, will debut the thriller, House of Bodies, starring Terrence Howard and Peter Fonda, and Percentage starring Ving Rhames and Macy Gray this spring under the new first-look licensing agreement. “Shakim Compere and I are thrilled to do business with Netflix,” said Latifah, in a statament. “Netflix is such a strong brand and the perfect place to showcase our projects.”
Tag: Netflix (1-10 of 18)
Bolstering its hold on the VOD market, Netflix announced today that the company has signed an exclusive deal with Disney for subscription TV rights to all its live-action and animated films starting in 2016. The deal includes Disney, Walt Disney Animation, Pixar Animation Studios, Marvel Studios, and Disneynature; Lucasfilm was not announced as part of the the deal, but Disney’s $4.05 billion acquisition of that company has not yet been completed.
The agreement also includes Disney’s direct-to-video releases beginning in 2013, and a catalog deal that brings select Disney classics like Dumbo and Pocahontas into Netflix’s VOD inventory.
'The Artist' and others enjoy post-Oscar box office bumps, but will online streaming be the next sign of success?
America has all but recovered from the zeitgeist circus that is the Academy Awards (which this year featured a performance by an actual circus!), but the effect that Oscar has on moviegoers is still being felt at the box office, with several winning films picking up momentum after Hollywood’s big night.
Consider this: In the four days following the Oscars ceremony, The Artist – which took home Best Picture, Best Actor, Best Director and two other awards – rounded out its week of box office grosses up a healthy 14 percent from the week before, adding 158 theaters to its 966 and grossing $4.3 million (according to Box Office Mojo). Then this weekend rolled around, and a whopping 790 additional theaters later, the Jean Dujardin-led silent charmer has finally cracked the top 10 with a $3.6 million gross in 1,756 theaters. READ FULL STORY »
Weinstein Co. strikes multi-year streaming deal with Netflix, will include 'The Artist' and 'Coriolanus'
The Weinstein Company and Netflix today announced a new multi-year licensing agreement that will make foreign language, documentary, and certain other movies from the Weinstein Co. exclusively available for Netflix members in the U.S. to watch instantly, according to a press release.
Included on the list of films are: The Artist, a Best Picture nominee and the most-nominated film at this year’s Academy Awards, which will make its pay TV debut on Netflix rather than traditional premium cable; Undefeated, an Academy Award nominee for Best Documentary Feature which follows players on an inner-city high school football team in Tennessee; Sarah’s Key, a French WWII drama starring Kristin Scott Thomas; The Intouchables, a recent French box office record-breaker; W.E., directed by Madonna and winner of the Golden Globe for Best Original Song/Motion Picture; Shakespeare adaptation Coriolanus, directed by and starring Ralph Fiennes; and Bully, a timely documentary about bullying in America’s schools. READ FULL STORY »
Netflix has released some statistics that indicate the video subscription service must be doing something right, even though investors and customers have been ridiculing it for much of the past six months. The company says more than 20 million subscribers worldwide watched more than 2 billion hours of old TV shows and movies on devices with high-speed Internet connections during the final three months of last year. The numbers released Wednesday contributed to an 11 percent surge in Netflix Inc.’s stock price. The shares gained $8.21 to finish at $80.45. It marked Netflix’s highest closing price in seven weeks. READ FULL STORY »
Netflix stock plummeted to below $70 a share this morning, one day after the company announced plans to raise $400 million through the sale of stock and bonds, triggering concerns that they lacked solid liquidity after shelling out big bucks for exclusive content like Arrested Development.
In July, the company’s stock was selling for $304.79 per share, but it’s been battered by a series of questionable moves, including the decision to raise prices and the ill-fated Qwikster spin-off. Customers fled, and many financial observers expect the company to lose money next year as a result. This morning, the stock bottomed out at $69.00, it’s lowest price since March 2010, before inching back up to $72.04.
Redbox, which operates more than 28,000 DVD-rental kiosks nationwide, announced Thursday that it’ll be increasing its daily rental prices for DVDs from $1 to $1.20, effective starting on Halloween. (How’s that for a trick?) “This marks the first price increase for a redbox standard-definition DVD rental in eight years,” said parent company Coinstar CEO Paul Davis. “The change is primarily due to the increase in operating expenses, including the recent increase in debit-card interchange fees.” Blu-ray and video game rentals will remain the same price, at $1.50 and $2 per night, respectively. Redbox also announced that it’ll be debuting a movie-streaming service by the end of year, but no further details are currently available. READ FULL STORY »
Warner Bros. has made a move to boost its sales by prohibiting Blockbuster from renting out its titles for a full 28 days after their release, reports the Financial Times. Moving forward under this decidedly firmer policy, Blockbuster will only be able to offer the films for sale during the first four weeks. This policy is already in effect for rental services including Redbox and Netflix, who are up for contract negotiations with Warner Bros. later this year. The policy shift comes soon after Blockbuster’s announcement that it would be creating its own streaming service similar to what Netflix offers. (Warner Bros., Blockbuster/DISH Network, Redbox, and Netflix have not responded to EW’s requests for comment.)
Score one for Netflix. After weeks of being dragged through the mud for its controversial fee hikes and service splitting, the folks behind the red envelopes have secured exclusive first-run rights for all DreamWorks Animation features. “DreamWorks Animation is one of the few family entertainment brands that really matters,” said Ted Sarandos, Chief Content Officer of Netflix. “This agreement strengthens the lineup of great family content Netflix members will be able to watch instantly and also increases the number of hit first-run films we’ll have available in the pay TV window.”
Though the plan won’t kick in until the release of DreamWorks’ 2013 feature films, other titles from the DreamWorks catalog will become available over time. No financial terms have been released concerning the deal, which marks a shift in the industry — it’s the first time a studio has ever given first-run rights to a streaming web application over a television provider. So what does this mean for the rest of the companies who’ve recently joined in the Netflix onslaught? READ FULL STORY »
Blockbuster and Dish Network unveiled their latest offensive attack against Netflix today. As of Feb. 1, 2012, for $10 a month on top of Dish’s service fee, subscribers can access Blockbuster Movie Pass. Dish heralded the “unmatched” service as “the most comprehensive TV entertainment programming package ever delivered by a multichannel pay TV provider.”
So what does that add up to in layman’s terms? Simply put: Mail delivery (with no extra charge for Blu-ray) of up to three discs, unlimited streaming to TVs and PCs, the option to exchange an unlimited number of DVDs and games at Blockbuster stores, plus 20 premium channels on Dish. At a roll-out event in San Francisco, Dish CEO Joe Clayton wasn’t short on praise for competing services like Hulu and Netflix but added, “We’re gonna do a great job at all of the above.” From Oct. 1 through Jan. 31, 2012, Dish Network is offering new customers one-year access to Blockbuster Movie Pass for signing a two-year contract.
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