NEW YORK and BEVERLY HILLS, Calif., July 27, 2011 /PRNewswire/ -- CBS Corporation
(NYSE: CBS.A and CBS) and Netflix, Inc. (Nasdaq: NFLX) today
announced a two-year, non-exclusive international licensing
agreement that will enable certain television shows from across CBS
Corporation to be streamed instantly to Netflix subscribers in
Canada and Latin America. The agreement follows a
separate domestic deal announced between the two companies in
February. Terms of the deal were not disclosed.
Beginning in September, and for only $7.99 a month, Netflix members in Canada will be able to enjoy both the current
and complete back seasons for CW hit "90210," as well as past
seasons of critically lauded fan favorites from SHOWTIME such as
"Californication," "Dexter," and "The
United States of Tara." Canadian members will also
have access to a broad range of CBS library programming, including
"Numb3rs," "Sleeper Cell," and "Twin
Peaks."
Netflix announced in early July that it would be launching in 43
countries across Mexico,
South America and the Caribbean later this year. Under this
new deal with CBS, previous seasons of series, including "90210,"
"Medium," "Nurse Jackie," "Californication" and "Dexter," will be
available for Latin American members to watch instantly, as will a
broad range of library titles, including the original "Star Trek,"
"Star Trek: The Next Generation," "Charmed," and "Twin Peaks."
"We are pleased to be partners with Netflix as they rollout
their superb service to new markets," said Armando Nunez, President, CBS Studios
International. "This new arrangement — which does not compete
with U.S. ratings or SHOWTIME's domestic subscriber base —
underscores the popularity of CBS content around the world, and
illustrates yet another meaningful way for us to realize
incremental value from our vast library of content."
"We are delighted to be expanding our successful relationship
with CBS to our newer markets in Canada and Latin
America," said Ted Sarandos,
Chief Content Officer of Netflix. "We aim to provide the
widest possible range of great TV shows so our members can always
find something compelling to watch wherever and whenever they
want."
About CBS Corporation
CBS Corporation is a mass media company with constituent parts
that reach back to the beginnings of the broadcast industry, as
well as newer businesses that operate on the leading edge of the
media industry. The Company, through its many and varied
operations, combines broad reach with well-positioned local
businesses, all of which provide it with an extensive distribution
network by which it serves audiences and advertisers in all 50
states and key international markets. It has operations in
virtually every field of media and entertainment, including
broadcast television (CBS and The CW – a joint venture between CBS
Corporation and Warner Bros. Entertainment), cable television
(Showtime Networks, Smithsonian Networks and CBS College Sports
Network), local television (CBS Television Stations), television
production and syndication (CBS Television Studios, CBS Studios
International and CBS Television Distribution), radio (CBS Radio),
advertising on out-of-home media (CBS Outdoor), publishing (Simon
& Schuster), interactive media (CBS Interactive), music (CBS
Records), licensing and merchandising (CBS Consumer Products),
video/DVD (CBS Home Entertainment), motion pictures (CBS Films) and
sustainable media (EcoMedia). For more information, please
visit www.cbscorporation.com.
About Netflix, Inc.
With more than 25 million members in the United States and Canada, Netflix, Inc. (Nasdaq: NFLX) is the
world's leading Internet subscription service for enjoying movies
and TV shows. For $7.99 a
month, Netflix members in the U.S. and Canada instantly watch unlimited TV episodes
and movies streaming over the Internet to PCs, Macs and TVs.
Among the large and expanding base of devices streaming from
Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3
consoles; an array of Blu-ray disc players, Internet-connected TVs,
home theater systems, digital video recorders and Internet video
players; Apple's iPhone, iPad and iPod touch, as well as Apple TV
and Google TV. In all, more than 200 devices that stream from
Netflix are available in the U.S. and a growing number are
available in Canada.
SOURCE CBS Corporation