October 24, 2016
        Hollywood Contenders: New Oscar Predictions for October                Nicole Kidman, Hugh Grant, Naomie Harris, Lily Collins get Honors at 20th Annual Hollywood Film Awards                "Manchester by the Sea" leads the Gotham Award nominations                Tom Ford, Marc Platt and Kenneth Lonergan to be Honored at 20th Annual Hollywood Film Awards                Tom Cruise is in his action hero comfort zone with "Jack Reacher: Never Go Back"                "Moonlight" could be A24's big Oscar horse this year                Ewan McGregor steps behind the camera with "American Pastoral"                Hollywood Contenders: A second crack at Golden Globe predictions for 2016                "The Accountant" seeks to help give Ben Affleck another blockbuster                85 countries will be competing for Best Foreign Language Feature nominations at the Oscars                Tom Hanks to receive Hollywood Actor Award for "Sully" @ Hollywood Film Awards                "Certain Women" showcases Laura Dern, Kristen Stewart, and Michelle Williams                Ben Affleck is perhaps Hollywood's biggest and most diverse superstar                "The Birth of a Nation" looks to survive controversy and contend for awards                "The Girl on the Train" hopes to transport Emily Blunt to the Oscar race        

Netflix, DreamWorks Animation ink exclusive distribution deal

By Sean O’Connell
Hollywoodnews.com: After weeks of bad news, Netflix finally has something positive to report.

The video-streaming service inked a deal with DreamWorks Animation to stream DWA films and TV specials, the New York Times reported late Sunday night. Analysts scanning the deal estimate that it’s worth “$30 million per picture to DreamWorks over an unspecified period of years.” Both parties are describing it as “the first time a major Hollywood supplier has chosen Web streaming over pay television.”

“We are really starting to see a long-term road map of where the industry is headed,” said DreamWorks CEO Jeffrey Katzenberg. “This is a game-changing deal.”

Or, at the very least, a large foot in the door for other studios looking for new distribution options for their product.

“You’re seeing power moving back into the hands of content creators,” Ted Sarandos, Netflix’s chief content officer, added. “When a company like DreamWorks ends a long-running pay TV deal — when a new buyer in the space steps up — that’s a really interesting landscape shift.”

This win comes after a series of losses. As the Times reports, Netflix will lose the right to stream Disney and Sony content in February “as a result of a failed renegotiation with the premium cable channel Starz.” And the service still is trying to put out fires from the announcement that it’s dividing its streaming and DVD-rental companies into separate companies.

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About Sean O'Connell

Sean O'Connell is a nationally recognized film critic. His reviews have been published in print ('The Washington Post,' 'USA Today') and online (AMC FilmCritic.com, MSN's Citysearch) since 1996. He's a weekly contributor to several national radio programs. He is a longstanding member of the Broadcast Film Critics Association (BFCA), the Online Film Critics Society (OFCS), and the Southeastern Film Critics View all articles by Sean O'Connell Association (SEFCA).

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