Netflix and Disney Tie the Knot

via UPDATE: Netflix Shares Soar After Announcing Disney Deal – Deadline.com.

PREVIOUS, 10:55 AM: Today’s deal will make Netflix the first pay-TV window for live-action and animated feature films from Disney beginning with 2016′s theatrical releases. A separate catalog agreement also was made. The pact begins with Disney films released theatrically in 2016; direct-to-video titles will hit the service beginning next year. Disney titles haven’t been available on the online movie service since the February, when Netflix’s deal with Starz — which included rights to stream newer Disney and Sony movies — expired after negotiations broke down.

Beverly Hills, Ca. and Burbank, Ca. –December 4, 2012—Netflix Inc. (Nasdaq:NFLX) and The Walt Disney Company (NYSE:DIS) today announced a new multi-year licensing agreement that will make Netflix the exclusive U.S. subscription television service for first-run live-action and animated feature films from The Walt Disney Studios.

Beginning with its 2016 theatrically released feature films, new Disney, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature titles will be made available for Netflix members to watch instantly in the pay TV window on multiple platforms, including television, tablets, computers and mobile phones. Also included in the agreement are high-profile Disney direct-to-video new releases, which will be made available on Netflix starting in 2013.

Separately, Disney and Netflix have reached agreement on a multi-year catalog deal that today brings to U.S. Netflix members such beloved Disney movies such as “Dumbo,” “Pocahontas” and “Alice in Wonderland.”

http://www.youtube.com/watch?v=Du9A-A_9OT0

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