SEARCH
« Electronic Payments on the Rise | Main | Holiday Travel Up, 43.6 Million Will Fly Domestically »
Wednesday
Dec082010

Disney, ABC Reach $200-Million Deal with Netflix

Photo Courtesy -- Netflix(LOS GATOS, Calif.) – ABC has reached a $200-million streaming deal with Netflix, reports the Los Angeles Times.

ABC, which is owned by the Walt Disney Co., has reached an agreement that allows Netflix to stream ABC and Disney content over the Internet around two weeks after their original network broadcast.

In the agreement, Netflix paid $50,000 to $150,000 per episode to stream the television shows, adding to their rivalry with competitor Hulu, which is partially owned by Disney.

Netflix charges customers a monthly fee, starting at $7.99, for unlimited access to movies and TV shows on the Web.

Copyright 2010 ABC News Radio

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>






ABC News Radio