LOS GATOS, Calif. - Online movie rental company Netflix Inc. said Wednesday it agreed with movie-service provider Starz Entertainment LLC to make Starz movies available for streaming at its Web site.
| NFLX | 19.99 |
Netflix will stream Starz movies through a "Starz Play" broadband subscription movie service.
Financial terms were undisclosed.
Netflix said the deal adds "significantly" to its library of 12,000 movies and TV episodes. Netflix members who have unlimited subscription plans, which start at $8.99, will have unlimited access to STarz 2,500 movies, including a live feed of the Starz TV network on their PCs. It does not affect the number of DVDs members receive as part of their monthly plans.
About 1,000 Starz titles are now available on the Netflix Web site and more will be added shortly. Netflix will offer a Starz Play-only subscription for $7.99 a month.
Starz Entertainment LLC is a subsidiary of Liberty Media Corp., whose tracking stock is Liberty Entertainment Group.
Netflix shares fell 76 cents, or 2.5 percent, to $30.12 in morning trading.
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