Disney, Netflix sign Canada pay-TV deal

Netflix and Walt Disney Studios have signed a multi-year deal that gives Netflix exclusive Canandian subscription TV rights to Disney’s first-run live action and animated features.

Financial terms of the deal were not disclosed. Beginning in 2015, Netflix Canada subscribers will be offered theatrically released films from Disney Live Action, Walt Disney Animation Studios, Pixar Animation Studios, Marvel Studios, Lucasfilm, Disneynature and DreamWorks Studios.

The films will stream around eight months after leaving theatres, which is faster than has traditionally been the case on premium pay-TV.

“We are delighted to be the new pay-TV home in Canada for the world’s highest-quality, most imaginative and entertaining films,” said Netflix chief content officer Ted Sarandos.

Dan Cohen, Disney-ABC Domestic Television’s executive vice president, pay television and digital, said: “Netflix continues to be a highly-valued partner on a global scale and we couldn’t be more pleased to extend our great relationship with this exciting new agreement.”

Netflix and Disney struck a similar agreement for the US in 2012, which gives Netflix exclusive pay-TV rights to Disney films starting in 2016. Launched in 2010, Netflix Canada also has first-run pay-TV deals for films from Paramount Pictures, DreamWorks Animation and Twentieth Century Fox.