Netflix inks DreamWorks deal

Video streaming service Netflix signed an exclusive multiyear deal yesterday for a slate of new TV series from Shrek creator DreamWorks Animation, deepening its push into original programming to stand apart from competitors. Netflix shares rose seven per cent and DreamWorks Animation shares jumped four per cent after the deal was announced. The companies said the pact was Netflix’s biggest deal for original first-run content and includes more than 300 hours of new programming.