Netflix and DreamWorks Animation Expand Global Relationship

Voltron and a New Fantasy World from Guillermo Del Toro Among Series Debuting in 2016

BEVERLY HILLS, Calif. and GLENDALE, Calif., Jan. 5, 2016 -- Netflix, Inc. and DreamWorks Animation (NASDAQ: DWA) today announced the expansion of their current multi-year deal, making Netflix the global home, outside of China, to a number of new original series for the whole family from the studio. The deal also covers streaming rights to the DreamWorks Animation feature film library.

In addition, the deal extends the rights of current original series for kids from the studio available on the service throughout operating Netflix markets as well as expanding to include second window rights for the series everywhere around the world, outside of China. Series include The Adventures of Puss in Boots, Dinotrux, Dragons: Race to the Edge, among others.

Starting in 2016, Netflix will launch several new series from DWA, including a reimagining of Voltron, and the new series, Trollhunters, from master storyteller Guillermo del Toro, who will unleash a new, fantastical world wrapped around two best friends who make a startling discovery beneath their hometown.

Over the term of the new agreement, a number of new original series will be developed and produced by DreamWorks Animation for Netflix, based not only on recent and upcoming feature films from the studio, but also on other classic IP.

"DreamWorks Animation is synonymous with great storytelling that families around the world enjoy," said Cindy Holland, Vice President of Original Series for Netflix. "It's with great pleasure that we expand on an already successful relationship with DreamWorks Animation to bring more premium kids and family television to Netflix members globally."

"This agreement adds to the incredible foundation we've built together with Netflix over a number of years across both film and television," said Ann Daly, President of DreamWorks Animation. "We are proud to work closely with Netflix to continue delivering high-quality programming to audiences around the world."

About Netflix

Netflix (NASDAQ: NFLX) is the world's leading Internet television network with over 69 million members in over 60 countries enjoying more than 100 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

About the Netflix Offering for Kids

Netflix has a dedicated section for kids featuring dozens of original series for kids as well as TV shows and movies from great partners all in a commercial-free environment and is available across a broad range of Internet-connected devices. Kids, parents and caregivers will also be able to scan through row after row of movies and TV shows organized by easy-to-understand genres like superheroes, princesses, dinosaurs and girl power, featuring clear and simple descriptions of each title.

About DreamWorks Animation

DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series and live entertainment properties, meant for audiences around the world. The company has world-class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. All of DreamWorks Animation's feature films are produced in 3D. The company has theatrically released a total of 31 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda, How to Train Your Dragon, Puss In Boots and The Croods.