Loading…
Friday, April 25, 2014
Current Weather
Loading Current Weather....
HomeA&ETV-Radio
Published: Monday, 1/7/2013

Netflix, Warner Bros. Television Group in licensing deal on certain television shows

ASSOCIATED PRESS

BURBANK, Calif.  — Online video company Netflix and Warner Bros. Television Group have signed a licensing deal that gives Netflix members access to prior seasons of certain television shows produced by Warner Bros.

The shows include “Revolution,” ‘'Longmire” and “The Following.” The deal includes eight Warner Bros. shows and potential future shows.

Financial terms of the agreement were not disclosed.

“This unprecedented agreement brings to Netflix members earlier and more exclusively than ever before complete previous seasons of some of the most prominent and successful shows on network and cable television,” Ted Sarandos, Netflix Chief Content Officer, said in a statement today.

Last month Netflix Inc. landed the U.S. rights to show Disney movies shortly after they leave theaters. Financial terms of that agreement also were not disclosed.

Netflix, based in Los Gatos, Calif., has more than 30 million members in 40 countries.

Warner Bros. Television Group is a subsidiary of Warner Bros. Entertainment Inc. and is part of Time Warner Inc.

Time Warner shares slipped 37 cents to $49 in premarket trading today. Netflix shares finished at $95.98 in Friday.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories