Hulu has announced an agreement with Magnolia Pictures that will now greatly expand their library of feature foreign films as well as documentaries. The new output licensing agreement will grant Hulu the pay one window streaming rights to films released by the major film distributor. The deal reinforces Hulu’s continued efforts to double down on film programming and will bring new titles to the streaming service later this year. Through the new deal, the films will become available to stream exclusively on Hulu following their theatrical run. Future releases will begin streaming on Hulu in the later half of 2017.
Hulu is a premium streaming TV destination that offers hundreds of thousands of hours of the best of current season programming, premium original content, films and full seasons of hit series to subscribers with limited commercials for $7.99 per month or commercial free for $11.99 per month. Hulu is the only streaming subscription service that offers current season content from the largest U.S. broadcast networks, as well as acclaimed Hulu Originals including
The Mindy Project, The Path, 11.22.63, Difficult People and the Golden Globe® nominated comedy series,
Casual. Since its launch in 2008, Hulu has been at the forefront of entertainment and technology and continues to redefine TV by connecting viewers with the stories they love.
Senior Vice President of Content at Hulu, Craig Erwich (pictured at top) stated that,
“As we continue investing in the most valued and sought-after content, films are essential to that mix. Magnolia Pictures continuously releases thought-provoking and award winning titles that we know our viewers will love.”
Magnolia Pictures is the theatrical and home entertainment distribution arm of the Wagner/Cuban Companies, a vertically-integrated group of media properties co-owned by Todd Wagner and Mark Cuban that also includes the Landmark Theatres chain and AXS TV. Magnolia is celebrating its 15-year anniversary this year, after being launched at the 2001 Toronto Film Festival by founders Eamonn Bowles and Bill Banowsky before being acquired by the Wagner/Cuban Company.
Of the deal, Magnolia Pictures President, Eamonn Bowles said that,
“We are very proud and excited to have struck such a meaningful partnership with a great company like Hulu. We look forward to the continued mutual growth of our companies.”
Titles from Magnolia Pictures join Hulu’s growing list of films including theatrical film licensing agreements with Disney Studios, EPIX and a pay one licensing deal with IFC Films for documentaries.
