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Friday, 7 October 2011 - Netflix strikes expanded agreement with AMC |
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Related Topics Entertainment » Fashion » Technology » A screen grab shows the access to Netflix online, as displayed on a television screen, in Encinitas, California July 25, 2011. Credit: Reuters/Mike Blake Fri Oct 7, 2011 10:59am EDT (Reuters) - Netflix and AMC Networks Inc have signed an expanded licensing agreement that gives the popular streaming video service exclusive rights in the United States and Canada to the hit show "The Walking Dead." Additionally, Netflix said on Friday it has struck a deal for nonexclusive rights in the United States to programs from AMC and its other channels, including IFC and the Sundance Channel. Netflix already streams popular AMC shows "Mad Men" and "Breaking Bad." The agreement comes as Netflix tries to add content to its offerings to keep drawing in customers. While it has been striking partnerships with Discovery Communications and Dreamworks Animation of late, the company is under pressure from Hollywood studios and other programmers eager to fetch as much money as they can from Netflix. Negotiations with Liberty Media's Starz, for example, were recently called off because the two sides could not come to terms on pricing. On top of it, Netflix is dealing with setbacks after introducing a surprise price increase this summer that caused about 1 million customers to drop the service and the sudden move to separate its DVD-mail service from its streaming offerings. (Reporting by Jennifer Saba; Editing by Steve Orlofsky) Entertainment Fashion Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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