Neon Strikes Streaming Deal With Hulu

Distributor’s first feature, “Colossal,” hit theaters April 7

Popcorn bags with the Hulu logo at a premiere event
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Neon, the new independent distributor that was an aggressive player at this year’s Sundance Film Festival, has signed a multi-year, first-window deal with Hulu that will give the streaming service all upcoming Neon films and other content, the companies announced Friday.

Neon, which was founded by Tom Quinn and Alamo Drafthouse co-founder Tim League, released its first feature film, Nacho Vigalondo’s “Colossal,” April 7. The distributor was an active buyer during this year’s early festivals, acquiring hip-hop biopic “Roxanne Roxanne,” gay teenage drama “Beach Rats,” and Aubrey Plaza comedy-drama “Ingrid Goes West” at Sundance, and thriller “Gemini” at South by Southwest. Neon also recently launched a short films division, Neon Shorts.

“This output deal represents a groundbreaking approach to building the most comprehensive and interactive platform dedicated to visionary cinema,” Neon co-founder and CEO Quinn said in a statement. “Neon is thrilled to find a partner as innovative, collaborative, and as transparent as Hulu. It’s a perfect match.”

“Our partnership with Neon marks another big step forward in our commitment to offering a worldclass collection of films to our subscribers,” Craig Erwich, Hulu SVP and Head of Content, said in the statement. “Neon has already acquired a highly-anticipated slate of films this year and we can’t wait to bring their titles from the theaters to the Hulu audience.”