Canada, Latin America to tap TV catalog
Netflix is stocking up for its overseas expansion.
The streaming service has pacted with CBS Corp. for a cache of TV content intended for Canada, its first international territory, and Latin America, where Netflix expects to launch in as many as 43 countries later this year.
Series covered under the two-year, non-exclusive agreement come from CBS-owned networks including CBS (“Numbers,”), CW (“90210”) and Showtime (“Sleeper Cell”), as well as library titles like “Star Trek.” Latin America won’t get the same mix of series as Canada.
“We are pleased to be partners with Netflix as they rollout their superb service to new markets,” said Armando Nunez, president, CBS Studios International.
Financial terms of the deal were not disclosed. Back in February, the companies struck a domestic deal one analyst pegged at worth $200 million.