Netflix and Miramax Deal for Streaming

Quote

Miramax and Netflix have signed a multiyear content deal, the companies announced today.

Starting next month, "several hundred" Miramax movies, including "Pulp Fiction," "Shakespeare In Love," and "Good Will Hunting," will be made available on Netflix's streaming service in the U.S. The deal marks the first time that Miramax has ever brought its content to a digital subscription service, the company said.

"From day one, we've been very clear about the importance of digital and our desire to respond to the significant pent-up demand for our films--delivering to consumers whenever and wherever they want," Miramax CEO Mike Lang said in a statement. "This agreement is an important first step in our digital strategy."