Netflix & DreamWorks Enter Licensing Agreement

BEVERLY HILLS/GLENDALE: Netflix has secured the exclusive pay-TV window for feature films and TV specials from DreamWorks Animation, with the multi-year deal kicking off in 2013.

Starting with its 2013 feature films, new titles from DreamWorks will be available for Netflix members to stream instantly in the pay-TV window. Animated titles such as Kung Fu Panda, Madagascar 2, Chicken Run and Antz, among others, will also be made available to Netflix members over time.

"DreamWorks Animation is one of the few family entertainment brands that really matters. The studio is brilliantly creative, technologically innovative and incredibly successful at making films and TV shows that delight people of all ages," said Ted Sarandos, the chief content officer of Netflix. "This agreement strengthens the lineup of great family content Netflix members will be able to watch instantly and also increases the number of hit first-run films we’ll have available in the pay-TV window."

"Netflix has emerged as an innovative brand with an impressive track record for attracting high-quality content providers to its service and we look forward to making DreamWorks Animation titles available to over 24 million Netflix members in the U.S.," added Jeffrey Katzenberg, the CEO of DreamWorks Animation. "This arrangement allows us to get more value for our content while giving us a greater degree of flexibility in how we distribute it across multiple platforms in today’s evolving digital world."