CBS Latest Network to Stream Shows on Netflix

CBS has signed a deal with Netflix to allow certain TV shows in its extensive library to be streamed as part Netflix’s new subscription streaming plan. The deal goes into effect in April.

CBS is the last of the four major networks to sign such an agreement. Fox, ABC and NBC signed similar deals last year. Dozens of cable networks have also signed on.

In November, Netflix began a streaming-only service, which costs $7.99 per month.

Programs that CBS is licensing under the new two-year deal with Netflix include Medium, Flashpoint and classics such as Frasier. Vintage content like The Twilight Zone and The Andy Griffith Show is also part of the service.

CBS said it retains an option to extend the agreement up to two additional years. Other terms were not disclosed.

“This deal recognizes the increasing value of our content in today’s marketplace,” said Scott Koondel, president of distribution, CBS Television Distribution. “More and more, people want to be able to access our programming on a wide variety of platforms.”

Added Ted Sarandos, chief content officer for Netflix: “We are thrilled to be bringing CBS shows to Netflix and are looking forward to growing our relationship over time.”