Netflix & Walt Disney Studios Announce Multi-Year Premium Pay TV Window Agreement
Netflix Inc. and The Walt Disney Studios today announced a new multi-year licensing agreement that will make Netflix the exclusive Canadian subscription television service for first-run Disney live-action and animated feature films.
Beginning with 2015 theatrically released feature films, Netflix Canada members can enjoy new titles from Disney Live Action, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, Disneynature and DreamWorks Studios. Approximately eight months after titles leave theaters - quicker than has traditionally been the case on premium pay TV - Canadian Netflix subscribers will be able to watch new releases from The Walt Disney Studios in the home and on the go.
"We are delighted to be the new pay TV home in Canada for the world's highest-quality, most imaginative and entertaining films," said Ted Sarandos, Chief Content Officer for Netflix. "Canadians of all ages will have an incredible range of great stories and characters to look forward to."
"We are absolutely thrilled that Canadian Netflix subscribers will be able to experience Disney's premium films in the pay TV window," said Dan Cohen, executive Vice president, pay television and digital, Disney-ABC Domestic Television. "Netflix continues to be a highly-valued partner on a global scale and we couldn't be more pleased to extend our great relationship with this exciting new agreement."
Netflix launched its Canada service in 2010 and is now the home of first-run pay TV films from Paramount Pictures, DreamWorks Animation, and 20(th) Century Fox, original series like the Emmy-nominated House of Cards, Orange is the New Black and Derek, and a wide-range of films and TV series from Canada, Hollywood and beyond.
Financial terms of the agreement were not disclosed.
Netflix is the world's leading Internet television network with over 48 million members in more than 40 countries enjoying more than one billion hours of TV shows and movies per month, including original series. For a low monthly price, Netflix members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.
About The Walt Disney Studios:
For 90 years, The Walt Disney Studios has been the foundation on which The Walt Disney Company was built. Today, the Studio brings quality movies, music and stage plays to consumers throughout the world. Feature films are released under the following banners: Disney, including Walt Disney Animation Studios and Pixar Animation Studios; Disneynature; Marvel Studios; Lucasfilm; and Touchstone Pictures, the banner under which live-action films from DreamWorks Studios are distributed. The Disney Music Group encompasses the Walt Disney Records and Hollywood Records labels, as well as Disney Music Publishing. The Disney Theatrical Group produces and licenses live events, including Disney on Broadway, Disney On Ice and Disney Live!