Dreamworks Animation signs streaming deal with Netflix

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Finally some news from Netflix other than how they’re pissing off more of their customers each month. The New York Times is reporting this weekend that Dreamworks Animation and Netflix have signed a deal that will allow Netflix to stream the Dreamworks library of blockbuster movies starting in 2013 shutting out HBO in the process. HBO has been paying hefty licensing fees of about $20 million per picture for exclusivity a few months after films arrive on DVD. Netflix has been signing similar licensing but usually with smaller studios. Netflix however has managed to outbid HBO for Dreamworks rights and rumor has it Netflix will be paying $30 million per movie. Damn! Now we know where our increased monthly fees are going… stale re-runs of Shrek and Kung Fu Panda.

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RobK410
Rob is an avid blogger and concerned citizen of the United States. Aside writing for The Daily Slack, Rob enjoys composing music, wrenching on his collection of fast cars, hiking, cooking, shooting, and studying the art of Brazilian jiu-jitsu.

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