×
You will be redirected back to your article in seconds

CBS, Netflix Renew Streaming Pact for Library Programs

Latest deal in video-streaming wars keeps old Eye favorites under red Netflix banner

CBS Corp. and Netflix Inc. extended the companies’ multi-year licensing agreement for certain pieces of content in the archives of programs CBS owns. Under the extended pact,  new titles such as “L.A. Complex,” “4400,” and “CSI: NY” will be available to Netflix subscribers. Terms of the deal were not disclosed.

In addition to the new series, the agreement also includes CBS series already on Netflix, such as “Jericho,” “Medium,” and “Flashpoint,” as well as episodes from some of television’s most iconic franchises, including all generations of the definitive sci-fi series “Star Trek” and the cult favorite “Twin Peaks.”

Terms of the deal were not disclosed. The two companies signed a two-year, non-exclusive licensing pact in February, 2011,  that allowed certain CBS-owned programs, which include everything from “Cheers” to “The Andy Griffith Show” – to be streamed for Netflix subscribers. In calls with investors CBS Corp. chief executive Leslie Moonves has described deals with streaming services such as Netflix and Amazon as a boon to his company, as the agreements add another layer of revenue for content. TV networks typically rely on money from advertising and traditional syndication deals with TV stations, cable networks and foreign broadcasters.

The announcement marks the latest salvo in an ongoing effort by Netflix and rival Amazon to stockpile popular content from a bevy of TV networks and studios, to achieve dominance not only among the nascent video-streaming services but also establish their offerings as viable alternatives to premium cable services such as HBO and Showtime. CBS also has deals with Amazon, which has the rights to stream current summer series “Under the Dome” after it airs on CBS.

More Biz

  • WGA Agents Contract Tug of War

    Judge Leans Toward Agencies' Position in Writers Guild Antitrust Suit

    A federal judge indicated on Friday that he will rule in favor of the three major agencies in their antitrust lawsuit against the Writers Guild of America. The WGA has urged U.S. District Judge Andre Birotte to throw out the suit, arguing that its actions in its ongoing battle with the agencies are protected under [...]

  • Keli LeeStep Up Women Network 9th

    Keli Lee Exits ABC Studios International as Disney Considers Division's Fate (EXCLUSIVE)

    ABC veteran Keli Lee has left the international arm of ABC Studios as Disney considers the future of the London-based content unit, Variety has learned. Sources said Disney has told the creative community that there “has been a re-evaluation of ABC Studios International” and that it is re-assessing “the creative direction” of the business. There [...]

  • Biggest Scandals Feuds and Apologies of

    Biggest Scandals, Feuds and Apologies of 2019

    Variety looks back on some of the biggest scandals, feuds and apologies of 2019: College Admissions Scandal Wealthy parents including Felicity Huffman and Lori Loughlin were charged with bribing school officials to get their unqualified kids into prestigious universities. Shane Gillis Executives at “SNL” hired, then fired, Gillis in September, before the new season started, [...]

  • Biggest Media Moments of 2019

    From 'Catch & Kill' to Shepard Smith: The Biggest Media Moments of 2019

    Variety looks back on some of the most memorable media events of 2019: ‘Catch & Kill’ Reopens Wounds at NBC News Ronan Farrow’s book relitigates his complaints that NBC News tried to tamp down his investigation of harassment and assault allegations against Harvey Weinstein. NBC News denies the claim. The book contains new allegations against [...]

  • Assistant Attorney General, Antitrust Division nominee

    DOJ Sides With Irving Azoff Against Radio Stations

    The Department of Justice is taking sides in another hot-button antitrust battle, this time siding with Irving Azoff’s upstart music licensing firm against a group representing 10,000 radio stations. The DOJ Antitrust Division filed a brief on Thursday arguing that the Radio Music License Committee may have engaged in illegal price-fixing when it refused to [...]

  • Best Books of 2019

    The Best Books of 2019

    Whether you experience stressful days due to your professional position, your demanding family, or simply the barrage of never-ending depressing news, there is often no better way to unwind than with a good book. Letting your imagination wander into a new world unlike your own can be exciting, it can be thought-provoking, but perhaps most [...]

More From Our Brands

Access exclusive content