June 1, 2011
Hulu Reaches Deal With Miramax
Film studio Miramax and Internet video company Hulu signed an agreement to bring films to Hulu subscribers.
Hulu Plus subscribers will be able to watch films like Pulp Fiction, Good Will Hunting and Scream as part of the agreement.Hulu is a subscription service that offers streaming videos of TV shows and movies.
"Making our films available via premium digital distribution channels is extremely important to Miramax," Mike Lang, CEO of Miramax, said in a statement.
No financial terms of the agreement were disclosed.
Miramax signed a similar deal with movie rental service Netflix Inc. earlier this month.
Hulu Plus charges $8 a month to watch a range of programs. The agreement includes the rotation of about 15 Miramax films each month through its website with occasional ad interruptions.
Hulu is owned by The Walt Disney Co., News Corp, Comcast Corp.'s NBC Universal and Providence Equity Partners.
On the Net: