Netflix signs licensing agreement with Disney, will be exclusive US subscription service for first-run films beginning in 2016

Netflix just announced a couple of new deals with Warner last week, and it's now landed a big one with The Walt Disney Company. While it's still a few years out, the company has announced today that it will be the exclusive US subscription television service for first-run live-action and animated films from Disney beginning in 2016 -- meaning that theatrically-released movies will be available on Netflix during the so-called pay TV window. That deal also includes first-run rights to direct-to-video releases, which will begin appearing on Netflix in 2013. What's more, the two companies have also announced a separate multi-year agreement that will see popular Disney catalog titles like Dumbo and Alice in Wonderland be made available on Netflix immediately. You can find the full announcement after the break.

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Source: Netflix