BEVERLY HILLS and SANTA MONICA, CA - November 16, 2011 - Netflix Inc. (Nasdaq: NFLX) and Miramax today announced a new multi-year digital licensing agreement that will bring a broad range of acclaimed Miramax films to Netflix members in the UK and Ireland. Beginning in early 2012, Miramax titles will be available for Netflix members to watch instantly in the UK and Ireland streamed over the Internet to connected TVs, tablets, game consoles, computers and mobile phones.
Financial terms of the deal are not being disclosed. Netflix announced in October that it would launch its service in the UK and Ireland early in 2012.
"Netflix is proud to be able to offer the unmatched mix of award-winning, independent and commercially successful films Miramax is known for," said Ted Sarandos, Netflix Chief Content Officer. "Miramax films are already favorites of Netflix members in the U.S. and Latin America and we're sure they'll be incredibly popular in the UK and Ireland as well."
"We are thrilled to grow our partnership with Netflix as they expand their platform into the UK and Ireland," said Mike Lang, CEO of Miramax. "This agreement further extends our broader international digital distribution strategy, as we continue to offer consumers around the world our extraordinary collection of Miramax films."
Additional Miramax titles available to members of Netflix in the UK and Ireland will include "The Aviator," "Bad Santa," "The Boy in the Striped Pajamas," "Chocolat," "Finding Neverland," "Gangs of New York," "The Hours," "Kate & Leopold," "Rounders," "Sling Blade," "The Talented Mr. Ripley," and several of the "Scary Movie," "Scream" and "Hellraiser" films. An extensive selection of legendary Miramax titles is already available to Netflix consumers in the United States and Latin America.
With more than 20 million streaming members in the United States, Canada and Latin America, Netflix, Inc. [Nasdaq: NFLX] is the world's leading Internet subscription service for enjoying movies and TV shows. For about US$7.99 a month, Netflix members can instantly watch unlimited movies and TV episodes streamed over the Internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3 consoles; an array of Blu-ray disc players, Internet-connected TVs, home theater systems, digital video recorders and Internet video players; Apple iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, more than 700 devices that stream from Netflix are available. For additional information, go to Netflix.com. Follow Netflix on Facebook and Twitter.
Miramax is a leading worldwide film and television studio with a library of more than 700 motion pictures. Miramax sells directly and licenses its titles globally through strategic partnerships with Lionsgate, Studiocanal and most recently Netflix, Hulu and Facebook. The company has two new releases this summer: The Debt, starring Helen Mirren and Sam Worthington, and the Guillermo del Toro-produced Don't Be Afraid of the Dark, starring Katie Holmes and Guy Pearce. The Miramax library holds some of the world's most original and acclaimed independent films including Pulp Fiction, Shakespeare In Love, Chicago, Good Will Hunting, The English Patient, No Country for Old Men, Kill Bill Volumes I and II, Life is Beautiful, Reservoir Dogs, Sex, Lies, and Videotape, Cinema Paradiso and My Left Foot -- as well as scores of commercially successful films such as Bridget Jones's Diary, Bad Santa, and the Scream, Hellraiser, Scary Movie and Spy Kids franchises. Collectively, the Miramax library has received 284 Academy Award nominations and 68 Oscars, including four Best Picture Awards. Miramax is headquartered in Santa Monica, California. For more information, please visit www.miramax.com, like the company on www.facebook.com/miramax or follow Miramax on Twitter @Miramax.
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