Netflix Will Remain The Streaming Home For Universal And DreamWorks Animated Films (After They Hit Peacock)
By Ethan Anderton/July 13, 2021 12:13 pm EST
Variety has news on the new Universal Netflix deal for animated movies. Under the new multi-year agreement, Netflix will be streaming franchises like Shrek, Despicable Me, Kung Fu Panda, Minions, Madagascar, The Secret Life of Pets, and more. However, when it comes to new titles from those studios, such as Minions: The Rise of Gru and Puss in Boots: The Last Wish, Netflix will only stream them after they have an exclusive four-month window on Peacock.
Universal clearly wants to boost Peacock numbers by giving them a first crack at the streaming debut of their biggest family-friendly franchises. They’re likely also enjoying the money that comes from Netflix paying for the streaming rights to those franchises, something that helps Netflix keep families subscribing to their service. After all, The Secret Life of Pets 2 was one of Netflix’s most popular movies ever, and The Grinch and Despicable Me were constantly streamed as well.
Netflix Will Also Get Live-Action Universal Movies … Eventually
Peter Levinsohn, vice chairman and chief distribution officer of Universal Filmed Entertainment Group said in a statement:
Surely mothers and fathers around the world are rejoicing at being able to continue to distract their kids with the movies that are constantly playing in their households over and over again. There’s absolutely no way they’re sick of The Secret Life of Pets 2 yet.
“Netflix has been a terrific partner and we’re thrilled to expand our relationship. Universal Filmed Entertainment Group produces some of the biggest animated franchises and boldest originals from some of the most influential, impactful and inspiring creators in the industry. This exciting agreement further demonstrates the importance of that content to our distribution partners as they grow their audiences and deliver the very best in entertainment.”
