Netflix and Queen Latifah's Flavor Unit Entertainment Announce Multi-Year Agreement

  Netflix and Queen Latifah's Flavor Unit Entertainment Announce Multi-Year
                                  Agreement

PR Newswire

BEVERLY HILLS, Calif., and MIAMI, Feb. 5, 2013

BEVERLY HILLS, Calif., and MIAMI, Feb. 5, 2013 /PRNewswire/ --Netflix, Inc.
(Nasdaq: NFLX) and Flavor Unit Entertainment, the production company owned by
Queen Latifah and Shakim Compere, today announced an exclusive licensing
agreement for movies in the U.S. In the first-look deal, Netflix will have its
pick of movies that will debut on the world's leading Internet television
subscription service shortly after their theatrical release from the company
that produced box office hits like "Bringing Down the House" and "Beauty
Shop". Beginning in Spring 2013, Netflix members can exclusively enjoy Flavor
Unit titles including the thriller, "House of Bodies", starring Terrence
Howard and Peter Fonda and "Percentage" starring Ving Rhames, Cam'ron and Macy
Gray.

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

"We are delighted to work with Queen Latifah to be the exclusive destination
for what are sure to be relevant, entertaining movies," said Ted Sarandos,
Chief Content Officer of Netflix. "Queen Latifah has a long track record of
creating hits and Flavor Unit Entertainment is a fresh and exciting voice in
the industry."

"Shakim and I are thrilled to do business with Netflix. Netflix is such a
strong brand and the perfect place to showcase our projects," said Queen
Latifah.

Among a long line of hits, Flavor Unit is most recently responsible for
producing the Lifetime Original Movie "Steel Magnolias" starring Queen
Latifah, Phylicia Rashad, Jill Scott and Alfre Woodard, which became the third
most-watched telecast ever on a network with 6.5 million viewers.

About Netflix

Netflix is the world's leading Internet television network with more than 33
million members in 40 countries enjoying more than one billion hours of TV
shows and movies per month, including Netflix 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 Flavor Unit

Flavor Unit Entertainment is a production company owned and operated by Queen
Latifah and her partner, Shakim Compere. Flavor Unit Entertainment, which
started in New Jersey and is now based in Miami, is quickly establishing
itself as one of the most important production companies in the film industry.
They began by executive producing Disney's box office # 1 hit Bringing Down
the House and then continued with Beauty Shop for MGM and The Perfect Holiday
for Paramount. They have also produced The Cookout with Lionsgate as well as
the film Just Wright with Fox Searchlight. On the small screen, they executive
produced HBO's critically acclaimed film Life Support which garnered a number
of awards including an Emmy nomination and Golden Globe win for Queen Latifah
. Flavor Unit Entertainment made a multi-year deal with BET to create new
original programming including the original movie The Cookout 2 and its
first-ever scripted romantic comedy titled Let's Stay Together which premiered
with 4.4 million viewers. In 2011, Flavor Unit Entertainment's original film
Single Ladies, was expanded into VH1's first hour-long scripted series with
approximately 3 million viewers throughout its two season run. Flavor Unit
produced Latifah's film Joyful Noise. Most recently, Flavor Unit produced
Lifetime's Original Movie, Steel Magnolias which stars Queen Latifah, Phylicia
Rashad, Jill Scott and Alfre Woodard. The movie premiered this October as the
third most-watched telecast ever on the network, averaging 6.5 million total
viewers. Last summer, Flavor Unit Entertainment is premiered the CW show The
Next: Fame is at Your Doorstep. The show is a new take on the music
competition genre and included superstar mentors Gloria Estefan, John Rich,
Nelly and Joe Jonas.

SOURCE Netflix, Inc.

Website: http://www.netflix.com
Contact: Netflix, Jenny McCabe, +1-408-540-2090, jdmccabe@netflix.com, 42
West, Amanda Silverman, +1-212-774-3683, Amanda.silverman@42west.net
 
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