(Reuters) – Netflix and AMC Networks Inc have signed a new licensing agreement that gives the popular streaming video service exclusive rights in the United States and Canada to the hit show “The Walking Dead.”
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.
Shares of Netflix were down 3.9 percent at $118.49 in early afternoon trade.
- Netflix adds AMC’s The Walking Dead to its streaming library (venturebeat.com)
- Is Netflix Walking Wounded or Walking Dead? (fool.com)
- Netflix strikes expanded agreement with AMC (canada.com)
- Netflix to Stream AMC’s ‘The Walking Dead’ (mediadecoder.blogs.nytimes.com)
- Netflix Gets “The Walking Dead” and More From AMC (mashable.com)
- Netflix gets rights to stream AMC’s ‘Walking Dead’ (seattlepi.com)
- Netflix to get AMC’s ‘Walking Dead’ show (marketwatch.com)
- Netflix and AMC sign expanded deal, includes ‘The Walking Dead’ (digitaltrends.com)
- Netflix bags another exclusive from AMC (paidcontent.org)
- ‘The Walking Dead,’ ‘Portlandia’ Coming to Netflix (aoltv.com)