NEW YORK, March 25 Movie rental company Netflix
Inc (NFLX.O) is close to an agreement with Miramax to stream
the studio's library in a deal that would be worth "well north
of" $100 million over five years, according to a source
familiar with the deal.
Miramax's more than 700 titles include hits such as "Pulp
Fiction" and "Good Will Hunting."
Netflix and Miramax declined to comment.
The Wall Street Journal earlier reported the two sides were
nearing a deal, although the publication initially put the
figure at $50 million over five years before changing to the
Netflix started in the United States as a mail-in DVD
service, but recently said the vast majority of its U.S.
subscribers stream content on a range of devices.
Miramax, meanwhile, is aggressively seeking distribution
deals, the Journal reported.
(Reporting by Lewis Krauskopf; editing by Carol Bishopric)