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Netflix Adds Universal’s Live-Action Films in Expanded Deal

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Netflix Inc. is expanding a deal with Comcast Corp.’s NBCUniversal, adding rights to stream live-action films to an agreement for animated pictures from the studio’s DreamWorks Animation and Illumination divisions.

Starting in 2027, the live-action films from Universal Pictures and Focus Features, which include franchises such as Fast & Furious and Jurassic Park, will appear on the Netflix streaming platform “no later than eight months following theatrical release,” the companies said in a statementBloomberg Terminal Tuesday. After a home debut on Comcast’s Peacock streaming service, the company’s movies will be exclusively available on Netflix for 10 months before returning to Peacock.