Netflix gets new content deal extension from Disney, ABC
Looks like Disney (NYSE: DIS) doesn't mind taking Netflix's (Nasdaq: NFLX) cash either; the company has re-upped with Netflix, agreeing to continue licensing library content from ABC Studios, Disney Channel and ABC Family.
The extension of its original $200 million deal also adds some new Disney and ABC content to the Netflix offerings, giving the streamer access to all ABC programming just a month after a season's final episode airs.
Among the series and TV movies extended as part of the deal include:
- Prior season episodes of ABC current series: Grey's Anatomy, Desperate Housewives and Private Practice.
- All episodes of recent ABC shows: Lost, Brothers & Sisters, and Ugly Betty;
- Prior season episodes of Army Wives from ABC Studios;
- Series from ABC Family including The Secret Life of the American Teenager, Melissa & Joey, and Make It or Break It; and,
- A wide range of content from Disney Channel including series Phineas and Ferb, Good Luck Charlie, The Suite Life on Deck, and Hannah Montana.
New content from Disney-ABC that will be added to the service include:
- ABC Family's Switched at Birth;
- Prior season episodes of Disney Channel's animated series Kick Buttowski; and,
- All episodes of the ABC thriller Alias.
Earlier this month, Netflix signed a $1 billion deal with Time Warner (NYSE: TWX) and CBS for content from CW, a deal TW said was "its biggest" content agreement to date.
The eight-year deal calls for Netflix to pay $1 billion for rights to shows , including The Vampire Diaries and Gossip Girl, from the CW network--a joint venture between Time Warner and CBS--for at least the next eight years.
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