Adam Sandler's Netflix deal hits the movie industry while it's down (+video)

October 2, 2014 8:40 PM

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Netflix has signed a deal with comedian Adam Sandler's production company to produce four upcoming films that will bypass movie theaters and premiere exclusively on the streaming service's website. If others follow the lead of Adam Sandler and Netflix, it could mean huge changes for the slumping movie industry. 

Netflix has already established itself as a force in television programming, with shows like “House of Cards,” and “Orange is the New Black,” garnering millions of viewers and critical acclaim. Now, the streaming entertainment provider is trying its hand at films, and it's added its first big Hollyw...

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