Tuesday, 27 September 2011

By Signing With Netflix DreamWorks Bets Big on the Web

DreamWorks Animation is betting big on the future of the Web's popularity for consuming premium video content.

The major Hollywood animation studio has signed a deal with Netflix to stream its library of content exclusively to Netflix subscribers, the New York Times reported. The deal, which covers such popular film series as Shrek and Madagascar is expected to net DreamWorks Animation $30 million per movie for the duration of the agreement. What


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