Miramax announced Tuesday that it will bring hundreds of its titles to Netflix in Latin America.
Netflix announced its formal rollout plans for the Latin American and Caribbean markets Monday, the first part of its major international push.
The new Miramax deal is similar to the agreement the studio signed in the U.S. back in May. Latin American subscribers will be able to stream films like Chicago, The English Patient, Good Will Hunting and Pulp Fiction across supported devices.
Since the Walt Disney Company sold Miramax’s film library and assets to Filmyard Holdings in December 2010, the studio shifted its focus away from new releases, and towards leveraging its library of films in the digital marketplace. In addition to deals with Netflix, the studio also brought movie rentals to Facebook last month.
As for Netflix, it’s betting a big chunk of its future growth on international expansion. With recent price hikes, the end of the Starz content deal and an increasingly competitive landscape, Netflix will need to provide its users across the globe with access to plenty of content. Meanwhile, its competitors aren’t sitting still. Hulu launched in Japan last week, with a big library of American films and TV shows.
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Posted on Tue, 06 Sep 2011 21:03:04 +0000 at http://feeds.mashable.com/~r/Mashable/~3/RTmnBd3RujA/
Comments: http://mashable.com/2011/09/06/netflix-miramax-latin-america/#comments
Netflix announced its formal rollout plans for the Latin American and Caribbean markets Monday, the first part of its major international push.
The new Miramax deal is similar to the agreement the studio signed in the U.S. back in May. Latin American subscribers will be able to stream films like Chicago, The English Patient, Good Will Hunting and Pulp Fiction across supported devices.
Since the Walt Disney Company sold Miramax’s film library and assets to Filmyard Holdings in December 2010, the studio shifted its focus away from new releases, and towards leveraging its library of films in the digital marketplace. In addition to deals with Netflix, the studio also brought movie rentals to Facebook last month.
As for Netflix, it’s betting a big chunk of its future growth on international expansion. With recent price hikes, the end of the Starz content deal and an increasingly competitive landscape, Netflix will need to provide its users across the globe with access to plenty of content. Meanwhile, its competitors aren’t sitting still. Hulu launched in Japan last week, with a big library of American films and TV shows.
More About: latin america, miramax, netflix, subscription streamingFor more Media coverage:Follow Mashable Media on TwitterBecome a Fan on FacebookSubscribe to the Media channelDownload our free apps for Android, Mac, iPhone and iPad
Posted on Tue, 06 Sep 2011 21:03:04 +0000 at http://feeds.mashable.com/~r/Mashable/~3/RTmnBd3RujA/
Comments: http://mashable.com/2011/09/06/netflix-miramax-latin-america/#comments
