April 6th, 2011
05:00 PM ET
If you want to watch "Mad Men" reruns in syndication, you'll have to catch them on Netflix.
The Internet movie subscription service has struck a deal with Lionsgate to license the first four seasons of the hit AMC show. Netflix subscribers will be able to stream those seasons beginning July 27.
According to The Hollywood Reporter, Netflix is paying almost $1 million per episode for the popular series, which recently was the subject of a renewal deal between Lionsgate and the show's creator, Matthew Weiner.
"We're delighted to partner with Netflix to begin our syndication of 'Mad Men,'" said Lionsgate President and Co-Chief Operating Officer Steve Beeks in a statement. "We have ensured 'Mad Men's' value for years to come by layering today's unique syndication deal with a leading digital distribution partner on top of last week's licensing agreement with AMC. "
The new deal between Weiner and Lionsgate is for three years which should extend the series to seven seasons.
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