Netflix and The Walt Disney Studios Announce Multi-Year Premium Pay TV Window Agreement in the United States

Netflix and The Walt Disney Studios Announce Multi-Year Premium Pay TV Window
                        Agreement in the United States

Netflix Members to Enjoy Watching High Quality Films from Disney, Walt Disney
Animation Studios, Pixar Animation Studios, Marvel Studios and Disneynature

PR Newswire

BEVERLY HILLS and BURBANK, Calif., Dec. 4, 2012

BEVERLY HILLS and BURBANK, Calif., Dec. 4, 2012 /PRNewswire/ -- Netflix Inc.
(Nasdaq:NFLX) and The Walt Disney Company (NYSE:DIS) today announced a new
multi-year licensing agreement that will make Netflix the exclusive U.S.
subscription television service for first-run live-action and animated feature
films from The Walt Disney Studios.

(Logo: http://photos.prnewswire.com/prnh/20101014/SF81638LOGO)

Beginning with its 2016 theatrically released feature films, new Disney, Walt
Disney Animation Studios, Pixar Animation Studios, Marvel Studios and
Disneynature titles will be made available for Netflix members to watch
instantly in the pay TV window on multiple platforms, including television,
tablets, computers and mobile phones. Also included in the agreement are
high-profile Disney direct-to-video new releases, which will be made available
on Netflix starting in 2013.

Separately, Disney and Netflix have reached agreement on a multi-year catalog
deal that today brings to U.S. Netflix members such beloved Disney movies such
as "Dumbo," "Pocahontas" and "Alice in Wonderland."

"Disney and Netflix have shared a long and mutually beneficial relationship
and this deal will bring to our subscribers, in the first pay TV window, some
of the highest-quality, most imaginative family films being made today," said
Ted Sarandos, Chief Content Officer at Netflix. "It's a bold leap forward for
Internet television and we are incredibly pleased and proud this iconic family
brand is teaming with Netflix to make it happen."

"With this cutting-edge agreement, we are thrilled to take our highly valued
relationship with Netflix to the next level by adding Disney's premier films
to their programming line-up," said Janice Marinelli, President, Disney-ABC
Domestic Television."Netflix continues to meet the demands of its subscribers
in today's rapidly evolving digital landscape, and we are delighted that they
will have much earlier access to our top-quality and entertaining slate," she
continued.

Financial terms of the agreement were not disclosed.

About Netflix
Netflix is the world's leading Internet television network with more than 30
million members in 40 countries enjoying more than one billion hours of TV
shows and movies per month, including original series. For one low monthly
price, Netflix members can watch as much as they want, anytime, anywhere, on
nearly any Internet-connected screen. Members can play, pause and resume
watching, all without commercials or commitments. Learn more about how Netflix
(NASDAQ: NFLX) is pioneering Internet television at www.netflix.com or follow
Netflix on Facebook and Twitter.

About The Walt Disney Studios
For more than 85 years, The Walt Disney Studios has been the foundation on
which The Walt Disney Company was built. Today, the Studio brings quality
movies, music and stage plays to consumers throughout the world. Feature films
are released under the following banners: Disney, including Walt Disney
Animation Studios and Pixar Animation Studios; Disneynature; Marvel Studios;
and Touchstone Pictures, the banner under which live-action films from
DreamWorks Studios are distributed. The Disney Music Group encompasses the
Walt Disney Records and Hollywood Records labels, as well as Disney Music
Publishing. The Disney Theatrical Group produces and licenses live events,
including Disney on Broadway, Disney On Ice and Disney Live!.

SOURCE Netflix Inc.

Website: http://www.netflix.com
Contact: Jonathan Friedland for Netflix, +1-310-734-2958; or Paul Roeder for
The Walt Disney Studios, +1-818-560-6166
 
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