Netflix signs deal to stream first-run films with Nu Image/Millennium Films
Netflix has made another content deal that's putting it ahead in the race for streaming video dominance, this time signing a deal with Nu Image/Millennium Films that gives it access to first-release movies in the same time frame as pay-TV channels.
The deal, which the companies say is a long-term one, puts films like "The Expendables" and "Righteous Kills" into Netflix's catalog just a few months after their DVD release. Nu Image and Millennium Films are best known for big budget action/thriller movies including: "The Expendables," "John Rambo," "Brooklyn's Finest," "Righteous Kill," "16 Blocks" and "Black Dahlia."
Netflix said that among the first films to be covered under the deal is Dito Monteil's 2011 scheduled release "Son of No One," a crime drama starring Channing Tatum, Al Pacino, Katie Holmes, Tracy Morgan, Ray Liotta and Juliette Bincoche. Also coming via the new agreement is 2011's scheduled "Elephant White," with Djimon Hounsou and Kevin Bacon in a drama about a contract killer who gets swept up in the dangerous business of white slave traders in Thailand.
Netflix said it should see five to 10 new releases a year from the studious.
Netflix has more than 16 million subscribers to its DVD-by-mail service in the United States, 61 percent of whom stream video.
The company last month signed a five-year deal worth about $1 billion with pay-TV channel Epix for VOD movies, and in July signed a deal with another studio, Relativity Media, for its first-run movies.
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