This announcement comes one week after Netflix landed a similar deal with MGM to show movies in the pay TV window in the UK and Ireland. Here’s the release for the new agreement with Lionsgate:
BEVERLY HILLS, Calif., Nov. 14, 2011 – Netflix, Inc. (Nasdaq: NFLX) and Lionsgate UK, a subsidiary of Lions Gate Entertainment Corp. (NYSE: LGF) today announced a new multi-year licensing agreement that will make Netflix the exclusive subscription streaming service in the UK and Ireland for first-run feature films from the studio.
Lionsgate UK titles will be available for Netflix members in the UK and Ireland to watch instantly in the pay TV window on their televisions, tablets, game consoles, computers and mobile phones, for a low monthly price. Netflix announced last month that it would launch its service in the UK and Ireland early in 2012.