Netflix has announced a new multi-year licensing agreement with Paramount Pictures, a division of Viacom, adding hundreds of new movie titles, including the exclusive subscription TV rights to all first-run films, for Canadian Netflix members.

Speaking on behalf of Paramount Pictures, Hal Richardson, President of Paramount Television & Digital Distribution, stated, "We are extremely pleased to have concluded this deal with Netflix for the premium pay television window in Canada; offering some of Paramount’s best films to their rapidly growing Canadian subscriber base, beginning with Iron Man 2 on March 25."

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