Mickey Mouse has a new home. Yesterday it was announced that Netflix will be the exclusive US subscription television service for first-run, live-action and animated films from Walt Disney Studios.
The contract with Netflix makes Disney the first Hollywood studio to choose digital distribution over a traditional TV provider. With various streaming services like Amazon Prime and Redbox Instant by Verizon, this deal further solidifies Netflix as a worthwhile on-demand media supplier.
Monetary details about the deal were not revealed but Netflix provided more information on its blog:
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Theatrically-released films from Disney, Pixar, Marvel, and other Disney subsidiaries, such as the newly-acquired Lucasfilm, will be available on all Netflix platforms. Even though the deal was signed to take effect in 2016, plenty of Disney classics are available for instant streaming starting today, including Dumbo, Alice in Wonderland and Tim Burton’s The Nightmare Before Christmas.
To paraphrase LL Cool J: Don't call it a comeback, Netflix been here for years.
[Ars Technica via Netflix]
