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Netflix signs deal to stream movies from Epix

Netflix has closed a deal with Epix to stream movies from the HD network starting September 1, 2010. The deal, said to be worth around $1 billion over the course of five years, immediately pushes Epix (a partnership between Lionsgate, MGM and Paramount) into profitability:

Viacom-operated Epix is a partnership between Lionsgate, […]