Home Music Industry News CBS and Netflix Announce Two-Year Licensing Agreement for Library Content

CBS and Netflix Announce Two-Year Licensing Agreement for Library Content

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CBS (:CBS.ANews) and Netflix, Inc. (Nasdaq:NFLXNews) today announced a two-year, non-exclusive licensing agreement that will allow select TV shows from ’s library, including episodes of  “Medium” and “Flashpoint” as well as full seasons of classics such as “Frasier,” and “Cheers,” to be streamed instantly from Netflix.  CBS retains an option to extend the agreement for up to two additional years.  Terms of the deal were not disclosed.

Beginning in early April, dozens of hit shows from CBS will join the extensive library of television shows and movies available to watch instantly from Netflix for only $7. a month.

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