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Netflix to Stream DreamWorks Movies

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First time studio has chosen web over TV.

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Netflix has done something right, finally: the video-streaming service has signed a deal with DreamWorks to show the studio’s films and television specials—the first time a major Hollywood supplier has chosen the web over pay television, according to The New York Times. The deal, which analysts estimate is worth $30 million per movie to DreamWorks, replaces a former deal DreamWorks had with HBO. In February, Netflix is expected to lose the rights to stream films from Walt Disney Studios and Sony Pictures Entertainment.

Read it at The New York Times