Netflix has agreed a new multi-year licensing agreement with The Weinstein Company that will make the online network the exclusive U.S. subscription television service for first-run films from TWC from 2016.
Beginning with theatrical releases in 2016, the deal means new TWC and Dimension Films movies will be available for Netflix members to watch instantly in the pay TV window on TV, tablets, mobile phones and computers.
“Harvey and Bob Weinstein are in a class to themselves when it comes to choosing and producing the best films in the world,” said Ted Sarandos, chief content officer for Netflix.
“They are as innovative in business as they are creative in their storytelling. We look forward to reinventing the pay TV window with the Weinsteins.”
Netflix is already the Pay TV home to TWC documentaries and foreign films, but this deal sees mainstream theatrical releases added to this portfolio.
“The deal that we’ve just completed with Netflix is probably the biggest deal in the history of The Weinstein Company and together, we are discussing ways to reinvent the pay TV experience so that the audience can get even more for their money,” said Harvey Weinstein.
“Their enthusiasm for movies of all kinds was the big factor in our choosing Netflix. Moving forward when people see The Weinstein Company name on a movie they know that our pay TV partner is the most significant new force in the entertainment industry – Netflix.”
Recent films in The Weinstein Company’s portfolio include the likes of The Artist, Silver Linings Playbook and Django Unchained.