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Netflix Inks U.K. Deal With MGM

Netflix has inked a multiyear licensing agreement with Metro-Goldwyn-Mayer Studios for rights in the U.K. and Ireland to the premium pay TV window for most of MGM's first run feature films.

The deal will make Netflix, which last month announced it will launch its service in those areas in 2012, the exclusive subscription streaming service in the two markets for the films.

The MGM titles will be available exclusively for Netflix within one year of their theatrical release and will give Netflix subscribers in the UK and Ireland access to the films televisions, tablets, game consoles, computers and mobile phones.

The deal includes such films as The Hobbit: An Unexpected Journey, The Hobbit: There and Back Again, Zookeeper,Hansel & Gretel: Witch Hunters and 21 Jump Street.

Read more at B&C here.