Netflix to get firstrun films from FilmDistrict for streaming

first_imgIt is clear that Netflix believes that its future is not in renting DVDs through the mail, but rather in their instant video streaming service. That belief drove the company to expand into Canada with a streaming-only service which was later followed up by a streaming-only option for U.S. subscribers. Demonstrating even more commitment is the possible $2 billion that Netflix could be spending on content costs before the end of next year. Now, it seems the latest check Netflix will be writing will be to FilmDistrict.Under a new agreement between the two companies, Netflix will stream first-run theatrical films distributed by the company. This is another coup for Netflix, because normally movies from FilmDistrict would be licensed to premium cable channels. Now those same movies will be going to Netflix and will be available to subscribers beginning in 2011.AdChoices广告FilmDistrict is not only a production and distribution company, but an acquisition and financing company as well. It was formed earlier this year by Oscar-winning producer Graham King, Tim Headington, and the company’s current CEO Peter Schlessel. Bob Berney and Adrian Alperovich later joined that company as president of film distribution and president of acquisitions and operations.Netflix Chief Content Officer, Ted Sarandos, responded to the deal by saying:Netflix has a long and successful history working with Peter Schlessel and Bob Berney, and I have long admired Graham King’s amazing production success with movies like ‘The Departed’ and ‘Blood Diamond,’ which are among the most watched and highly rated movies of all time by Netflix members. We are thrilled to be in business with these proven tastemakers and entertainment business leaders.Two of the first films under the new deal include the crime tale Drive starring Academy Award-nominated duo Ryan Gosling and Carey Mulligan and the science fiction film Lockout starring Guy Pearce and Maggie Grace.Read more at Netflix.last_img read more


first_imgappointmentshotelsOvolo Ovolo has created two new roles within its Australian operation – General Manager Brand Experience and Director of Operations Australia.Amanda Cottome takes on the role of GM Brand Experience alongside her current responsibilities as General Manager of Ovolo 1888. In this role Amanda will be responsible for the strategic brand experience lead for Ovolo Hotels Australia, ensuring the delivery on the brand philosophies through both the guest and team experiences.Kieran Erasmuson has been appointed Director of Operations, Australia. Kieran joins Ovolo following more than seven years’ experience at Event Hospitality & Entertainment working on a number of developments for their hotel businesses, predominantly on QT Hotels and Resorts across operations and food & beverage in Australia. Ovolo Hotels currently has 10 hotels operating in Sydney, Melbourne, Brisbane, Canberra and Hong Kong, with three new properties joining its portfolio in the last six months.last_img read more