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News Breaks | | | | January 23, 2013 | | 10:33 EDT |  | VIA | Viacom's Paramount makes deal with Chinese Internet broadcaster, Xinhua reports
Viacom's (VIA) Paramount Pictures has signed a deal to give the rights to its top movies to China's BestTV, which will broadcast the movies on the Internet in China, according to Xinhua. Reference Link | |
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News For VIA From The Last 14 Days Check below for free stories on VIA the last two weeks. |
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| June 17, 2013 | | 11:05 EDT |  | VIA | Netflix, DreamWorks climb after announcing major content deal
Netflix (NFLX) and DreamWorks (DWA) are both surging after Netflix agreed to buy new TV series from DreamWorks. WHAT'S NEW: Netflix will buy new TV series from DreamWorks under a multi-year deal, the two companies announced earlier today. The series will be based on characters created by DreamWorks. The latter company's more popular children's movies include Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. The companies did not divulge the terms of the deal, but noted that the "agreement marks the largest deal for original first-run content in Netflix's history," and that DreamWorks will provide over 300 hours of content to Netflix under the agreement. Netflix is expected to begin broadcasting DreamWorks' content next year. TODAY'S PRICE ACTION: In mid-morning trading, Netflix rose 5.75% to $225, while DreamWorks climbed 4.5% to $23.85. WHAT'S NOTABLE: Netflix recently decided not to renew its deal with Viacom (VIA), from whom it had obtained children's programming? | |
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