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Netflix and Weinsteins Strike First Streaming Deal, Including Likely Oscar-Winner 'The Artist'

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by Maggie Lange
February 21, 2012 1:52 PM
2 Comments
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"The Artist"

It won’t be long before likely Oscar-winner “The Artist” will silently grace your instant queue. Yes, Netflix and The Weinstein Company have established a streaming deal.

This is the first such arrangement between Netflix and TWC.  The Hollywood Reporter divulges that as a result of the deal, Netflix will feature such films as “The Artist,” “The Intouchables,” Madonna’s “W.E.,”  Ralph Fiennes' Shakespeare adaptation “Coriolanus,” and Oscar-nominated doc “Undefeated.” As Newsbeast suggests, Harvey Weinstein is on the verge of winning a bunch of golden statues for some of the above pictures.

The timing on this deal is ideal for Netflix, whose partnership with Starz ends in just a week, with Starz taking over 1,000 titles with them.

"This is a big win for Netflix,” insists TechCruch, which broke the story this morning. While the two parties did not announce terms of the deal, this arrangement “adds a fair selection of high-profile releases even if there is a long wait until they’re available. But Netflix needs more similar deals. Netflix streaming is facing tough competition from Amazon and others. Content is king.”

Netflix garnered something special from TWC, Harvey Weinstein told The Wrap: "It is a fantastic coup for Netflix to acquire 'The Artist' and the package of additional titles. With this deal, a company that loves movies, Netflix, joins forces with a company that is built on that same love."

While this is certainly a boon for Netflix, Gizmodo reminds that TWC has wiggle room: “There's certainly room in this deal for the company to hold back its biggest features. That Weinstein will serve up its biggest movie of the year right away bodes well for the movie buffs.”

2 Comments

  • Mike | February 21, 2012 3:19 PMReply

    When is this deal finally happening? I’ve been waiting to see Redgrave and Chastain in Coriolanus.

  • David | February 21, 2012 2:01 PMReply

    While this has been an amazing year for the Weinsteins, this has been the only good year for movies with them. Other movies by them suck like Doogal and all those crappy Micheal Moore films.

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