Netflix's rights to stream these popular movies, which are
made by Universal's DreamWorks Animation studios, will begin after a four-month
window on Peacock, Comcast's in-house streaming service.
Netflix currently streams movies including "Despicable
Me" and "The Grinch" from Universal's Illumination studios.
The streaming company added it would license the rights to
Universal's full-animated and live-action slate of films about four years after
their release as well as the rights to other select titles.
The deal should help Netflix keep the kids subscriber base
hooked and comes at a time when studios such as Disney are holding back on
selling rights to streamers to boost their own platforms.
Comcast last week said that Universal's new movies would
exclusively go to Peacock no later than four months after they debut in
theaters.