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

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

This March 20, 2012 photo, shows the Netfilx headquarters in Los Gatos, Calif. THE CANADIAN PRESS/AP, Paul Sakuma
January 07, 2013 - 4:08 AM

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 on Monday.

Last month Netflix Inc. landed the U.S. rights to show Disney movies shortly after they leave theatres. 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 Monday. Netflix shares finished at $95.98 in Friday.

News from © The Associated Press, 2013
The Associated Press

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