Miramax Deal Brings Amelie, Clerks to Hulu

Hulu has struck a deal with Miramax to bring the studio’s catalog to its Hulu Plus subscription service. Miramax titles include classics like Pulp Fiction, Clerks and The Piano, as well as foreign films like Cinema Paradiso and Amelie. Hulu Plus subscribers will have access to “hundreds of Miramax movies,” according to a press release, which will be presented on a rotating basis.
There’s some good news for film fans who don’t subscribe to Hulu Plus as well: Hulu.com will offer access to a rotating roster of about 15 Miramax titles per month for free, with ads thrown in. This is the first time Miramax has made any of its titles available in an ad-supported fashion. Movies on Hulu Plus will be ad-free, and in HD when available.
This deal comes just weeks after Netflix struck a similar arrangement with Miramax, giving it the right to stream dozens of titles on a rotating basis. That deal was non-exclusive, and earlier reports indicated Netflix (s NFLX) may be paying up to $100 million over five years.
Hulu and Miramax didn’t disclose the financial terms of their arrangement. Disney (s DIS) sold Miramax for $660 million to Filmyard Holdings back in December, and it looks like Filmyard is well on its way to make a good chunk of the money back with digital deals.