Netflix Scores CBS Library Content for Streaming Service

NEW YORK/BEVERLY HILLS: CBS Corporation has entered into a two-year, non-exclusive agreement to provide select TV shows, including Medium, Frasier and Cheers, to Netflix’s online streaming service.

CBS retains an option to extend the agreement for up to two additional years. CBS shows will join Netflix in April. In addition to Medium, Frasier and Cheers, Netflix streaming customers will have access to Flashpoint, Family Ties, the original Hawaii Five-0, Star Trek and Twin Peaks. Installments of 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, the president of distribution at 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."

Ted Sarandos, chief content officer for Netflix, added, "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."