While the negotiations are still in the discussion phase, such a move would be a first for the Los Gatos company. The idea is simple: instead of watching the weekly program on Showtime or Bravo, you would watch it streamed on Netflix.
Meanwhile, a Sunnyvale company called Zediva is offering streaming movies for $1.99. Titles include "Megamind" and "The Fighter," which you can find at Blockbuster but not on Netflix, which has agreed to not to offer a new movie until 28 days after its released on DVD.
As the Wall Street Journal reports, the company gets around copyright and lisencing deals by literally renting you a DVD player and the DVD. Except the whole thing stays at Zediva's data center. You order Megamind and, in the Journal's words, "a DVD player starts whirring'.
U.S. & World
The video and audio are then streamed to you through a Flash player. While the idea may have gotten past a few lawyers, Hollywood will almost certainly sue.
(The company that runs this website, NBC Universal, owns Universal Studios, a movie production company.)