Netflix Shatters Pay TV Window With FilmDistrict Deal
Intent on remaking the cable landscape, Netflix this morning inked another distribution deal, this one with FilmDistrict. Under its terms, first-run films that typically would have been licensed to cable channels for broadcast during the so-called “pay TV window” will now instead go to Netflix for streaming.
The deal is the latest in a string of pacts that are fast transforming Netflix into a true Web-based movie channel. With streaming rights to films from Paramount, Lionsgate, Sony, Disney and MGM studios, and a new streaming-only service priced at $7.99 a month, the company is increasingly becoming more competitive with the cable incumbents.