Netflix Adds Another Online Streaming Deal

Netflix (NSDQ: NFLX) is once again bulking up its online streaming catalog, this time through a deal with action and thriller specialist Nu Image/Millennium Films, which will let Netflix stream its releases during the so-called “pay TV window,” when pay TV channels typically have had exclusive distribution rights.

Nu Image/Millennium Films’ catalog is relatively small; the two companies say Netflix will add 5 to 10 newly released films to its online streaming catalog each year over the course of the agreement, a “few months” after the films come out on DVD.

The deal comes as Netflix has spent heavily this summer to bulk up its catalog in order to drive subscriber growth; CEO Reed Hastings said during the company’s most recent earnings call in July that, “if we find enough content deals where the terms make sense to us, we