Netflix cuts deal with Sony for deeper catalog access for streaming

Netflix is continuing its move away from physical media to streaming video, today making a deal with Sony that will give it greater access to move of the Sony catalog for its Watch Instantly service in exchange for delaying the release of DVDs and Blu-ray discs.

Electronista reports Netflix also will get a better financial deal in return, seeing lower access fees.

The company has been making deals of late to give it improved access to new releases, and is pushing to build its streaming video business.

Netflix has some 15 million DVD-by-mail subscribers in the U.S., about 60 percent of whom stream some video. It recently expanded its streaming service to the Canadian market, its first foray into an International market.

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