Netflix Scores Landmark Disney Movie Deal

In a deal Netflix calls a "bold leap forward for Internet television," the company has scored the rights to show new releases from Disney, Pixar, Marvel, and Lucasfilm starting in 2016, when Disney's deal with Starz Movies expires. Older Disney films will be available on Netflix immediately under the deal, which is expected to cost Netflix around $300 million a year, the New York Times reports. The deal marks the first time a major Hollywood studio has chosen an online streaming service over pay TV and it puts Netflix in direct competition with the likes of HBO. (More broadcasting stories.)