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(NFLX) Netflix Extends Partnership

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Streaming services provider, Netflix Inc. (NFLX) recently announced that it has entered into a multi-year licensing deal with RADiUS-TWC, the new multi-platform distribution label from The Weinstein Company (“TWC”). Under the terms of the agreement, Netflix will stream RADiUS-TWC produced movies online from early 2013. However, the financial terms of the transaction were not disclosed. TWC is the producer of the 2012 Oscar nominated movie “The Artist”. According to a partnership signed in February this year, Netflix will stream this critically acclaimed movie along with other popular productions including the documentary “Undefeated,” and French movie “The Intouchables” over the next few months. The extended partnership will allow Netflix to stream new movies such as “Bachelorette”, “Only God Forgives”, “The Details”,  and “Lay the Favorite” to name a few. Amid increasing

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