The deal, thought to be worth more than $100 million , is Miramax's first digital deal since being sold by Disney for $660 million. It is not exclusive to Netflix.

"From day one, we’ve been very clear about the importance of digital and our desire to respond to the significant pent-up demand for our films -- delivering to consumers whenever and wherever they want," Mike Lang, CEO of Miramax said in a statement. "This agreement is an important first step in our digital strategy. Netflix has always been a trailblazer, with a tremendous track record of innovation and quality customer service. We’re thrilled to now be in business with them as we build and revitalize the proud Miramax brand."