CBS and Netflix today announced a two-year, non-exclusive licensing
agreement that will allow select TV shows from CBS's library to be
streamed instantly from Netflix.
Terms of the deal were not disclosed.
Beginning in early April, dozens of hit shows from CBS will join the
library of television shows and movies available to watch instantly from
Netflix for only $7.99 a month.
Under the agreement are episodes from some of television's most iconic
franchises. Full seasons of sitcom greats "Frasier," "Family Ties" and
"Cheers" will be streaming instantly from Netflix. Episodes from the
original "Hawaii Five-0" are included in the package, as are episodes from
all generations of the definitive sci-fi series, "Star Trek," and the cult
favorite, "Twin Peaks." Installments of '60s classics, "The Twilight
Zone" and "The Andy Griffith Show," will be available as well.
"This deal recognizes the increasing value of our content in today's
marketplace," said Scott Koondel, President of Distribution, CBS
Television Distribution. "More and more, people want to be able to access
our programming on a wide variety of platforms. We are very pleased that
the titles offered through this deal will now also be made available to a
whole new community through the terrific and convenient service that
Netflix offers. We will continue to pursue additional non-exclusive
distribution partners that are additive to our overall business."
"We are thrilled to be bringing CBS shows to Netflix and are looking
forward to growing our relationship over time," said Ted Sarandos, Chief
Content Officer for Netflix. "Netflix is now the only online premium
subscription service with shows featured on all four broadcast networks
and dozens of cable TV's biggest brands."