Netflix’s milestone moment: A big-name movie to debut simultaneously in theaters and on Netflix

Netflix is no stranger to producing its own content, but now the online video-on-demand (VoD) giant is ramping things up a notch as it prepares to launch its first full-length feature film. As Variety reports, Netflix has inked a deal with indie film studio The Weinstein Co. that will see the sequel to martial arts classic Crouching Tiger, Hidden Dragon, debut on both Netflix and in IMAX cinemas simultaneously – on August 28, 2015. This is a natural progression for Netflix as it edges further into the original and exclusive content realm to differentiate itself from other players in the...

This story continues at The Next Web

The post Netflix’s milestone moment: A big-name movie to debut simultaneously in theaters and on Netflix appeared first on The Next Web.

from The Next Web http://ift.tt/1vstx5r

via IFTTT