O Netflix said on Tuesday that it is extending a multi-year exclusive rights agreement in the USA com a Comcast, da Universal Pictures, for animated films like “Minions” and “Puss in Boots”.
Netflix’s rights to stream these films, which are held by Universal’s DreamWorks Animation studios, will begin after a four-month window on Peacock, Comcast’s in-house streaming service.
Netflix currently streams movies such as “My Evil Favorite” and “The Grinch” from Universal’s Illumination studios. The streaming company added that it will license the rights to the animated films and Universal about four years after their release, in addition to the rights to other titles.
The deal is expected to help Netflix maintain its children’s subscriber base and comes at a time when studios like Disney are blocking rights sales to streamers to boost their own platforms.
Comcast said last week that Universal’s new films will go exclusively to Peacock no later than four months after their theater debut.