FX picks up TV rights for 'Social Network' and "Wall Street: Money Never Sleeps'

FX just keeps adding movies to its already crowded stable. The television channel has been aggressively buying successful films all year, and now it has acquired both The Social Network and Wall Street: Money Never Sleeps as well. Perhaps the channel is hoping to establish itself as a primary destination for movie lovers—on par with something like HBO—because it has picked up Grown Ups, The Karate Kid, Iron Man 2, Shrek Forever After, How To Train Your Dragon and The Twilight Saga: Eclipse just this summer. Typically, television distribution rights cost about 10-12% of a movie's domestic gross, which means FX has been spending some serious money. We'll have to wait and see some ratings before we can deem this plan a success or failure.

[via Deadline]