Netflix Signs On Miramax As Movie Partner

Posted May 16, 2011

Netflix, Inc. (NASDAQ:NFLX) is adding Miramax movies to their collection of movies available for rent or streaming. This adds movies like Good Will Hunting, Pulp Fiction, The English Patient, and Shakespeare in Love to the collection. This is Miramax’s first major deal ever since Disney sold the studio to several investors for $660 million. Netflix is reportedly paying Miramax $100 million to stream their movies. [paidContent]