Paramount Domestic TV made an offer HDNet couldn’t refuse, signing a nine-year deal to provide 175 films, including the “Godfather” trilogy, for high-def satellite and cable broadcast.
HDNet is the latest venture by Internet billionaire Mark Cuban, who sold Broadcast.com to Yahoo, and now owns the Dallas Mavericks pro basketball team among other holdings.
Cuban started HDNet nearly two years ago, hoping to be at the front of a popular new kind of technology, providing HD-only programming.
The company creates some of its own travel, sports and other shows in HD.
It also has been steadily buying rights to HD versions of films from several studios, including 245 Sony pics, as well as titles from Warner Bros., New Line, MGM, Disney, Lions Gate and Artisan, to be shown on the HDNet and HDNet Movies digital channels.
This week’s deal is the second between Par and HDNet, which last winter agreed to rebroadcast HD versions of several drama and comedy series.
Under the latest Par deal, HDNet will have limited broadcast windows over the next nine years for the 175 films, with windows lasting up to more than a year. Terms of the deal were not disclosed.
All the pictures come from Par’s library, and include the three “Godfather” films, “Beverly Hills Cop,” “48 Hours,” “Clear and Present Danger,” “Patriot Games,” “The Firm,” “Top Gun” and “Days of Thunder.”