Cable / Telecom News

Netflix streaming deal with DreamWorks bolsters kids, family offerings


LOS ANGELES – Netflix has signed a multi-year deal with DreamWorks Animation making it the exclusive subscription television service for first-run feature films and select television specials from the Hollywood animation studio, maker of successful movie franchises like Shrek, Madagascar, and Kung Fu Panda.Financial terms of the agreement were not disclosed, though analysts estimated that it could be worth $30 million per picture to DreamWorks. Beginning with its 2013 feature films, new DreamWorks Animation titles will be streamed to Netflix members in the U.S. only within the pay TV window on platforms that include television, tablet, computer, and mobile phones. Popular catalogue titles...