At the Consumer Electronics Show (CES) in Las Vegas, Netflix announced agreements with five global consumer electronics companies, to introduce Netflix-ready devices later in the year. These companies are Funai, which distributes the Philips, Magnavox, Sylvania and Emerson brands in the United States, Panasonic, Sanyo, Sharp and Toshiba.
Warner Bros. said today it has reached a new agreement with Netflix to make new Warner titles on DVD and Blu-ray available to Netflix members after a 28-day window.
The move by Warner is an effort to squeeze all the potential profit it can from its new releases. Warner says under the deal Netflix will benefit by paying the studio less for new releases. The agreement also expands the license for Warner Bros. streaming content allowing Netflix to offer its members more movies they can watch instantly.