Netflix & Filmdistrict Announce Offer To Stream First-run Movies

Netflix and FilmDistrict announced a multi-year agreement Wednesday through which initially-run

, theatrically-released films distributed by FilmDistrict will be licensed to Netflix for streaming around The web within the pay TELLY window several weeks immediately after their discharge on DVD.

Beneath the cope, significant movement pictures that historically would are already licensed to premium cable stations will flow rather from FilmDistrict to Netflix for streaming to its users, starting in 2011.

Among the initial films to be coated less than the deal are Generate, director Nicolas Winding Refns adaptation from the James Sallis crime tale starring the Academy Award-nominated duo Ryan Gosling and Carey Mulligan, plus the sci-fi motion adventure film Lockout, starring Guy Pearce and Maggie Grace, made and co-created by Luc Besson, and co-directed by James Mather and Stephen St. Leger.

FilmDistrict was created earlier this 12 months by Oscar-successful producer Graham King and his company partners Tim Headington and Peter Schlessel, who grew to become FilmDistricts CEO. Not long ago, video industry veterans Bob Berney and Adrian Alperovich joined FilmDistrict as president of film distribution and president of acquisitions and operations, respectively.

Said Ted Sarandos, chief written content officer for Netflix: Netflix has an extended and successful history doing work with Peter Schlessel and Bob Berney, and I've long admired Graham Kings astounding production results with movies like The Departed and Blood Diamond, which can be between the most watched and extremely rated movies of all time by Netflix members. We have been thrilled to become in organization with these proven tastemakers and leisure organization leaders.

We have been extremely excited about this new partnership with Netflix, explained Mr. Alperovich. The innovative and versatile entrepreneurial spirit they've demonstrated helps make them an ideal partner for us as we construct FilmDistrict right into a powerful independent distributor.

Netflix has strategically created a bold company model they usually really like movies, added Mr. Berney. They have cultivated a loyal viewers that provides FilmDistrict good chances for expansion.

by: Larry Wall

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