Netflix deal adds releases for streaming service

LOS ANGELES

Netflix Inc. has a deal with the production company behind Sylvester Stallone's action film "The Expendables" that will add five to 10 new movies per year to its Internet streaming service.

Netflix said Wednesday it has struck an agreement with Nu Image/Millennium Films to start streaming the company's releases at the same time that premium movie channels such as HBO and Starz start running them.

Deals like this are part of a long-term strategy at Netflix of making more material available directly over the Web, rather than through the mail. It's a cheaper way to deliver movies and TV shows and has helped the company grow its subscriber base.

Netflix didn't release any financial details related to its deal with Nu Image/Millennium.

The company's other recent releases include "John Rambo," "Brooklyn's Finest," "Righteous Kill," "16 Blocks" and "Black Dahlia."