March 28, 2011 02:32 pm EDT

Netflix nabs exclusive subscription pay TV rights to Paramount movies -- in Canada

So far Canadian Netflix users have had to deal with a far more limited streaming library than their US cousins, exacerbated by the lack of a DVD / Blu-ray library to fall back on, but that's about to change. Netflix has struck a deal in Canada with Paramount for premium pay TV window access covering "exclusive subscription television rights to all first-run films." Currently in the US Netflix's deal with Epix gives it access to many of the same movies (Iron Man 2 -- already available since the 25th in Canada, while not currently ready for streaming in the US -- Titanic, Zoolander, The Last Airbender) eventually, but that's clearly not exclusive. While it's previously cut deals with smaller distributors like Relativity Media and Nu Image/Millennium Films for pay TV window access, the combo of exclusive and a major studio like Paramount makes Netflix a pay TV channel competitor in a whole new way. This backs up its earlier move in that direction by signing up for a new original show to debut on the service in 2012 and potentially adds a new edge to rumored negotiations for the Miramax back catalog, press release follows after the break.

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