Netflix Reaches Huge Deal For Exclusive Rights To Walt Disney Movies

It’s a big day for subscribers to Netflix’s streaming video service, as the company has announced a massive new deal.

In a press release sent out today, Netflix Inc. and The Walt Disney Company have announced that they have reached an exclusive deal that will bring Disney’s massive library of live-action and animated feature films to the streaming service.

Continue reading for more and to check out the full press release.

Starting in 2016, Disney and all its new theatrical releases, including Pixar and Marvel films, will be made available on Netflix in the pay TV window. Direct-to-DVD titles from Disney will also be made available starting in 2013.

In addition to the first-run pay TV window deal starting in 2016, the two parties also reached a multi-year catalog deal that will see many of Disney’s titles, including Dumbo, Pocahontas, and Alice in Wonderland, being made available.

After the news first broke via Deadline, Netflix stocks have jumped 14%.

Press Release