Netflix has been treading dangerous water lately, as far as consumers are concerned. After splitting Netflix in two by making the Instant Queue and the DVD’s-by-mail separate products, many customers were unhappy. On top of that, the recent announcement that all Starz content will be removed in February 2012 caused stock for Netflix to fall considerably. But there is light at the end of the tunnel, and it’s not death or a train, so hit the jump to read more about Netflix’s surprising deal.
So Netflix and Dreamworks have teamed up to bring all of Dreamworks content to Netflix in 2013! Hooray!
Netflix will begin streaming movies from Dreamworks that actually came out that year. After that, Dreamworks will being adding it’s entire back catalog to Netflix. Dreamworks currently has a deal with HBO, but instead of renewing their contract they will be joining Netflix. Dreamworks CEO Jeffrey Katzenberg feels digital streaming is simply where the industry is heading. This is a pretty big deal for Netflix as this is the first time a big Hollywood provider has chosen to put their content in streaming format instead of pay-for-tv.
Netflix’s “chief content provider”, Ted Sarandos, is quoted as saying, “You’re seeing power moving back into the hands of content creators. When a company like DreamWorks ends a long-running pay TV deal — when a new buyer in the space steps up — that’s a really interesting landscape shift.”
Hopefully, this is the game-changer they are hoping it will be, because I’d love to watch more real movies on Netflix instead of wasting my time with utter garbage like Mega Piranha.
If you’d like to see a list of all of Dreamworks movies, click the picture below.