Epix

COMING ATTRACTION: Netflix Inc.'s Internet streaming library will be adding thousands of more recently released movies as part of a five-year agreement with Paramount, Lionsgate and MGM.

LOS ANGELES - Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM in a deal that could help convert even more people to the idea of getting their entertainment piped over high-speed Internet connections.