Netflix says it will stream certain movies from The Weinstein Co., including "The Artist," under an exclusive licensing agreement.
The companies say their multiyear agreement will cover foreign-language movies, documentaries and some other films in the Weinstein vault and make them available for instant viewing on Netflix.
Netflix Inc. says it will get some films within a year of their release in movie theaters. It says it will show "The Artist," a silent movie that has received 10 Academy Award nominations, before it appears on premium cable-TV networks.
The companies aren't disclosing financial terms.
Netflix shares rose $2.97, or 2.4 percent, to $124.82 in midday trading Tuesday.
Netflix is based in Los Gatos, Calif.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.