Netflix and CBS Strike Content Streaming Deal
Netflix announced a new deal with CBS that will allow it to stream CBS content for two years (non-exclusively). The deals enables Netflix to stream select TV shows like Medium, Flashpoint, Frasier, and Cheers.
Other shows included in the deal are: Family Ties, the original Hawaii Five-O, Star Trek, Twin Peaks, The Twilight Zone, and The Andy Griffith Show.
"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."
New Content Alert! Starting in April, Medium, Twin Peaks, Cheers, Frasier, Family Ties and The Andy Griffith Show will be available instantly from Netflix. We’ll also have Star Trek, Hawaii Five-O and The Twilight Zone. Click the Like button if you’ve watched any of these shows. http://bit.ly/NTFLXCBS
"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."
While financial terms of the deal were not disclosed, CBS retains an option to extend the agreement for up to two additional years.
Netflix will begin offering CBS content in April.