NEW YORK — HBO is renewing its deal with Universal Pictures to be the exclusive pay-TV provider of the studio's movies for another decade, the companies say. Financial terms of the agreement are not being disclosed.
HBO, part of Time Warner Inc., and Universal Pictures, part of Comcast Corp., have had an agreement in place since 2003.
The deal includes movies produced by Universal and its specialty films unit, Focus Features.
"With our upcoming slate of films, HBO will continue to offer outstanding film content to their already vast library of movies, specials and award-winning original programming," Rick Finkelstein, vice chairman and COO of Universal Pictures, says in a statement.