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Netflix and CBS sign deal for more streaming shows

netflix and cbs dealNetflix has just signed a deal to add CBS shows to its streaming library. The two-year agreement means Netflix subscribers can watch Medium, Frasier, Cheers, Star Trek, Twin Peaks and more via the Watch Instantly feature. Unfortunately for viewers, CBS is still wary of putting recent or currently-running shows on Netflix, because they want to keep the reruns (and the ad revenue) for themselves.

The deal is non-exclusive, so these shows could also be licensed by Hulu or any other Netflix competitor. On the plus side for Netflix, this deal makes it the first streaming video service to have content from all four broadcast networks.

Tags: CBS, netflix, shows, streaming, streaming video, StreamingVideo, television, tv, video, video on demand, VideoOnDemand, watch instantly, WatchInstantly