Disney, Netflix sign exclusive TV distribution deal
(REUTERS) - Walt Disney agreed to give Netflix exclusive TV distribution rights to its movies, becoming the first major studio to stream its movies to TV viewers via Netflix instead of distributing them to HBO, Showtime or other premium TV channels.
The agreement begins in 2016, after Disney's current deal with Liberty Media's pay-TV channel Starz expires.
The deal gives Netflix streaming rights to movies from Disney's live action and animation studios, including those from Pixar, Marvel, and the recently acquired Lucasfilms.
On Oct 30, Disney announced a US$4 billion (S$4.9 billion) deal to purchase the famed studio founded by George Lucas and responsible for the Star Wars franchise.