Netflix grabs exclusive TV rights to Weinstein movies

The Weinstein Company is known for releasing awards season contenders, including Oscar winners “The Artist” and “The King’s Speech.” Credit: Reuters

Netflix Inc. obtained a multi-year deal that makes the video streaming company the exclusive U.S. subscription TV provider for new movies from The Weinstein Company starting in 2016, the companies announced on Tuesday.

The agreement for first-run rights to Weinstein films after they appear in theaters will bring new content to Netflix to help the company gain subscribers and compete with cable channels such as HBO and Showtime. Financial terms were not disclosed.

The Weinstein Company is known for releasing awards season contenders, including Oscar winners “The Artist” and “The King’s Speech.” Netflix already had a deal to stream Weinstein documentaries and foreign films.

Netflix shares rose 3.4 percent to $268.59 in afternoon trading on Nasdaq.



News
Entertainment
Sports
Lifestyle
Money

Investing: Buying low, selling high

Learn how rebalancing can help you be successful in investing.

National

Is #JusticeForAvaLynn a case of bullying?

On Saturday, the hashtag #JusticeForAvaLynn became one of the trending topics on Twitter. Users circulated the above photo of 5-year-old AvaLynn, posted by her mother…

International

Terrorism could spread to US and Europe in…

Saudi Arabia's King Abdullah said terrorism would soon spread to Europe and the United States unless it is quickly dealt with in the Middle East,…

National

Ex-Bitcoin official to plead guilty to Silk Road…

Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of…

The Word

The Word: Jennifer Lawrence among victims of massive…

It's been a while since there was a celebrity nude photo leak, so some industrious and not-at-all-creepy hackers got together to unleash one doozy of…

Gossip

Joan Rivers on life support: Report

TMZ reports that comedian Joan Rivers has been placed on life support, "completely reliant on machines to stay alive." Rivers has been hospitalized since she…

Movies

What's new on Netflix in September

September has a supernatural theme for Netflix. UFO "documentaries" and the survivalist reality series "Doomsday Preppers" are among the new series coming to the online…

Going Out

'Friends' coffeehouse Central Perk coming to NYC —…

"Friends" is coming back for a one-off special: "The One with the Free Coffee." Warner Bros. is bringing a pop-up replica of Central Perk, the…

NFL

3 things we learned in the Giants preseason…

The final score didn’t matter — a 16-13 win by the Giants — but it would’ve been nice to finally see Big Blue’s new-look offense get on track.

NFL

NFL Power Rankings: Seahawks, Broncos, Patriots, 49ers start…

NFL Power Rankings: Seahawks, Broncos, Patriots start at top

U.S. Soccer

5 facts about new England captain Wayne Rooney

Manchester United striker Wayne Rooney was named as the new England captain by coach Roy Hodgson on Thursday.

NFL

Jets vs. Eagles: 3 things to watch

A win on Thursday night at the Eagles would give the Jets a 3-1 record and just their second winning preseason under head coach Rex Ryan.

Wellbeing

This Week in Health: Lesbians, men most likely…

Lesbians, men most likely to achieve orgasm Location: U.S. Study subjects: 2,850 people Results: Whether you find it shocking or not, a new study reports that…

Wellbeing

VIDEO: Still not wearing sunscreen? You will after…

Sunscreen is possibly the most often repeated - and ignored - piece of skincare advice. But Thomas Leveritt took a different tactic. With a short…

Food

Twitter used to track down sources of food…

When Chicago health officials saw Twitter users complaining about local food poisoning episodes, they reached out on Twitter to those users and often ended up…

Style

Trend: White hot on the 2014 Emmy's red…

White was one of the big trends on the Emmy's red carpet.