Netflix Inc. (Nasdaq: NFLX) has outbid HBO to notch an exclusive streaming deal with DreamWorks Animation, agreeing to pay US$30 million per film, reports The New York Times. The deal gives Netflix access to DreamWorks franchises such as Shrek in the pay-TV window starting in 2013, and comes as a bit of positive news as Netflix licks its wounds following recent price hikes, the failure to renew its contract with Starz Entertainment LLC and the splitting off of its DVD business. (See Netflix Does the Splits .)
Amazon.com Inc. (Nasdaq: AMZN) also started off the week with a streaming deal -- this one with 20th Century Fox -- that gives Prime Instant subs access to older movies and TV shows such as Office Space and Arrested Development. Amazon says Prime Instant's library is set to expand to 11,000 movie and TV titles this fall.