Netflix and Disney Strike Exclusive Deal
Paying hundreds of millions for first-run original programming apparently hasn’t affected Netflix’s acquisition budget too much. On Monday, the company's chief content officer Ted Sarandos announced that they’ve struck a deal with entertainment giant Disney to become the “exclusive U.S. pay TV home” of all mouse-distributed movies beginning in September. That includes all of Disney’s highly popular Pixar, Marvel, and Lucasfilm titles.
The agreement essentially prohibits Disney from allowing pay-TV networks like HBO or other streaming services like Hulu and Amazon to acquire the license for their films, at least for the initial post-Blu-ray release window. The caveat? The deal applies only to titles released from 2016 on, meaning every Star Wars title prior to next year’s Episode VIII won’t be popping up on their menu anytime soon.
Netflix also announced several other titles coming to streaming over the summer, including the Jurassic Park series (June), The Big Short (July), and a first-run adaptation of The Little Prince in August.