Netflix May Sign Streaming Deal With DreamWorks
To date, Netflix has signed digital distribution deals giving subscribers of its streaming service films from Viacom's Paramount Pictures, Lions Gate Entertainment, and Miramax. Bloomberg's source said an agreement with DreamWorks could be reached as soon as this week, while both companies are scheduled to report quarterly results in the next few days.
DreamWorks Animation currently has a contract to deliver movies to Time Warner's HBO through 2014, according to Bloomberg, citing a Feb. 25 regulatory filing by the company. "HBO ... has agreed to allow DreamWorks out of the contract two years early," Bloomberg reports, citing a person with knowledge of the situation.