LOS ANGELES -- Netflix, Inc (Nasdaq: NFLX) and Nu Image/Millennium Films today announced a long-term agreement through which first-run theatrical films distributed by the Nu Image/Millennium Group will be licensed to Netflix for streaming over the Internet to its subscribers during the "pay TV window." Historically, these films have been licensed to premium TV channels.

The deal underscores how Netflix is moving rapidly to expand both the variety and timeliness of movies and TV episodes available to be watched instantly by its members. The companies said they expect five to 10 theatrical films per year to flow to Netflix through the agreement, in general just a few months after their release on DVD.

Nu Image and Millennium Films are best known for big budget action/thriller movies including: The Expendables, John Rambo, Brooklyn's Finest, Righteous Kill, 16 Blocks and Black Dahlia.

"We are delighted to be in business with Netflix," said Avi Lerner, co-chairman of Nu Image/Millennium. "This is a groundbreaking deal for our new releases and library titles. It will allow us to be more aggressive with theatrical releases and will clearly impact our distribution model. We will be producing more great films for Netflix."

"Avi Lerner and Nu Image have a remarkable track record of producing crowd pleasing and profitable films," said Ted Sarandos, chief content officer for Netflix. "Their ability to work across multiple studios and maintain a consistent output of diverse and successful films makes Avi and his company perfect Netflix partners for theatrical features in the pay TV window."

Among the first films to be covered under the deal is Dito Monteil's 2011 scheduled release Son of No One, a crime drama starring Channing Tatum, Al Pacino, Katie Holmes, Tracy Morgan, Ray Liotta and Juliette Bincoche about a young cop assigned to the working class Queens neighborhood in which he grew up and the discovery of a horrible family secret. Also slated for Netflix via the new agreement is 2011's scheduled Elephant White,  starring Academy Award® nominee Djimon Hounsou and Golden Globe® winner Kevin Bacon in a drama about a contract killer who gets swept up in the dangerous business of white slave traders in Thailand.

The deal was negotiated by David Sobieraj, president of domestic video and television for Nu Image/Millennium Films, and Robert Kyncl, vice president of content acquisition for Netflix.

 

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New York -- The 3D Experience, New York's first Annual 3D Entertainment and Technology Festival, today announced the presenters lineup for the Executive Forum. To kick off the three day event, key industry leaders and professionals will converge at the AMC Empire 25 Theaters in Times Square on Sept. 24 for a day packed with informative keynotes, presentations and panels encompassing the full spectrum of the 3D industry.

"The Executive Forum brings together industry pioneers and newcomers to take the pulse of the rising 3D industry and learn to navigate the ever-changing entertainment and technology landscape," said Nino Balistreri, managing director for The 3D Experience. "3D has altered the way consumers experience digital content and will continue to push the limits of creativity. The 3D Experience will be an incubator for enduring partnerships and new revenue opportunities."

The inaugural Executive Forum features a dynamic lineup including an all-industry address by Phil McKinney, vice president and chief technology officer, HP, followed by presentations from Ken Venturi, chief creative officer & EVP, National CineMedia, Robert H. McCooey, Jr., senior vice president of new listings and capital markets, NASDAQ OMX, Richard Gelfond, CEO, IMAX, Jim Chabin, president, International 3D Society, and David Beal, president, National Geographic Entertainment. These key industry veterans will cover the emergence of 3D in recent years, its financial impact, how to take advantage of its robust growth and thrive in this exciting, uncharted territory.

3D technology experts and industry creatives from Samsung, LG, Mitsubishi, Panasonic, RealD, 3ality, 3D Eye Solutions, Legend 3D, Motorola, Technicolor and more will delve into a broad range of topics including home entertainment, broadcast, video games, sports, post-production conversion of 2D to 3D, 3D's future in advertising and filmmaking. Of note, Adweek's award-winning advertising critic, Barbara Lippert, will moderate "Getting Ahead of 3D for Advertising Professionals," a panel geared toward marketing and advertising executives who are experimenting with 3D technology. In addition, IMS Research's Anna Hunt, principal analyst, will present on "The Elusive Consumer and Expectations for 3D in the Home."

The 3D Experience Executive Forum attendees will be offered unparalleled networking opportunities through the NASDAQ Opening Night VIP Reception presented by LG, VIP film screenings, dinner reception and the highly-anticipated 3D TV Test Drive. For the latest more information on the speaker lineup and panels, please visit: Speakers.

The Executive Forum is targeted at industry professionals, but The 3D Experience will engage entertainment enthusiasts and general consumers alike by simultaneously presenting the 3D Consumer Showroom at the Discovery Times Square Exposition from Friday, Sept. 24 to Sunday, Sept 26. Hosted by Best Buy, the Consumer Showroom will be free and allow visitors to interact with a myriad of 3D products from 3D TVs, gaming systems, home theatre accessories and more. Showroom hours are Friday, September 24, noon-8pm; Saturday, September 25, 10am to 8pm; and Sunday, September 26, 10am to 6pm. To enrich the festival weekend, AMC Theatres Empire 25 will feature screenings of classic and recent 3D blockbusters. For an up to date schedule of screenings, please visit: www.the3dexperience.org.

 

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Source: THR

Ronald Reagan's life will receive the theatrical treatment next year. Ralph Winter and Mark Joseph (X-Men, Fantastic Four) will produce from a script by Jonas McCord.

Let the casting speculation begin for what's sure to be a highly publicized role. James Brolin portrayed Reagan in a poorly received 2003 mini-series.

No director is attached at this time.

 

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Source: THR

Michael Caine is reportedly in final talks to star alongside Dwayne Johnson and Josh Hutcherson in Journey 2: The Mysterious Island. Caine will play a grandfather role in the 3D flick.

Journey to the Center of the Earth was able to rake in more than $230 million worldwide, so it's no surprise that a sequel is on the way.

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