Miramax Near Deal to Stream Films on Netflix: Report

Miramax is close to striking a deal with Netflix to stream its library of over 700 films, according to a report from the Wall Street Journal Friday.

The deal—pegged at five years and valued at more than $100 million, sources told the Journal—would be a coup for the investor group, Filmyard Holdings, that purchased Miramax from Walt Disney last year.

The Miramax library is host to several iconic film titles, including "Good Will Hunting" and "Pulp Fiction."

A spokesman for Netflix declined to comment on the report when contacted by CNBC late Friday.

"We announce deals when we announce them. We have not definitely announced anything and won't comment on rumor or speculation," said spokesman Steve Swasey.