Open Road Makes Netflix Deal

Well, now we know that Open Road is for real. The upstart distribution company run by Tom Ortenberg and funded by theater chains Regal and AMC have made a streaming deal with Netflix that will begin with its first film, Killler Elite, with Jason Statham, Clive Owen and Robert De Niro. Here’s the announcement:

Los Angeles, CA, June 28, 2011 – Netflix, Inc. (Nasdaq: NFLX) and Open Road Films today announced a multi-year agreement to bring movies distributed theatrically by Open Road Films exclusively to Netflix for digital streaming in the “pay TV window,” after their release on DVD. The deal will allow Netflix members to instantly watch OpenRoad Films titles on various devices streaming from Netflix. (more…)

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