Press Release Source: EPIX On Tuesday August 10, 2010, 7:00 am EDT
NEW YORK & BEVERLY HILLS, Calif.--(BUSINESS WIRE)--EPIX™ and Netflix, Inc. [Nasdaq: NFLX] today announced an agreement through which Netflix members can instantly watch an array of new releases and library titles from EPIX streamed over the Internet from Netflix. Movies from the multi-year deal will begin streaming from Netflix on September 1 and include movies from Paramount, Lionsgate and MGM.
EPIX has subscription pay TV rights to new releases and movies from the libraries of its partners and will make these movies available to Netflix 90 days after their premium pay TV and subscription on demand debuts. Historically, the rights to distribute these films are pre-sold to pay TV for as long as nine years after their theatrical release.
This looks like good news for Netflix subscribers. I can't to see what is available on September first. Netflix has an excellent TV offering, but the quality movies available to watch instantly are slim.