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Netflix Gets Into The Movie Making Business

Netflix is making the jump from producing TV shows to making movies, saying it will help finance the sequel to "Crouching Tiger, Hidden Dragon" from The Weinstein Company. The company hinted previously that it would co-produce movies under the condition that they debut on Netflix at the same time they do in theaters. The sequel to "Crouching Tiger, Hidden Dragon" will debut on Netflix and in Imax theaters next August.

Posted on September 30, 2014, at 11:23 a.m. ET

Gonzalo Fuentes / Reuters