CBS, Netflix Extend Multiyear Licensing Deal For U.S. Library Content

(RTTNews) - Media company CBS Corp. (CBS-A, CBS) and online video service provider Netflix Inc. (NFLX) Monday announced an extension of their multiyear licensing deal for select CBS library content streamed instantly to Netflix customers. The terms of the deal were not disclosed.

Under the revised deal, new titles such as "L.A. Complex," "4400," and "CSI: NY" will be available to Netflix subscribers.

The deal also includes popular CBS series already on Netflix such as "Jericho," "Medium," and "Flashpoint," as well as episodes from television's most iconic franchises, including the sci-fi series "Star Trek" and the cult favorite "Twin Peaks."

"We are delighted to be bringing these much-loved series to our members in the U.S.," said Ted Sarandos, Chief Content Officer for Netflix.

"Our goal is to give Netflix members a broad mix of engaging shows to watch, and we look forward to adding even more high-profile titles from CBS in the near future."