"We're able to help an important business partner meet its objectives while improving service levels for our members by acquiring substantially more units than in the past after a relatively short sell-through window. At the same time, we're able to extend the range of choices available to be streamed to our members," said Ted Sarandos, Netflix's chief content officer, in a statement.
Warner Bros. Home Entertainment's "The Invention of Lying" and "Whiteout," scheduled for release on Jan. 19, will be among the first movies that won't be immediately available to Netflix's customers, the Associated Press reports.
"These new agreements build upon the strong relationship we have had with Netflix for nearly 10 years," said Ron Sanders, president of Warner Home Video. "The 28-day window allows us to continue making our most popular films available to Netflix subscribers while supporting our sell-through product."The agreement gives the Time Warner (TWX) movie unit a chance to boost the sales of DVDs, the movie industry's biggest source of profits, AP notes. Terms of the deal also cover titles from Time Warner that are made available for streaming to Netflix customers. Netflix said the deal helps it benefit from reduced product costs and better availability of new releases which currently account for about 30% of its shipments.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV