CBS, Netflix Sign Two-Year Content Agreement

CBS and Netflix have signed a two-year, non-exclusive licensing agreement that will allow subscribers of the web service to stream content from CBS' library.

Shows covered in the agreement include Medium and Flashpoint along with older series like Frasier, Family Ties, Star Trek, the original Hawaii Five-O, Twin Peaks and The Twilight Zone.

Scott Koondel, president of distribution, CBS Television Distribution said, "We are very pleased that the titles offered through this deal will now also be made available to a whole new community through the terrific and convenient service that Netflix offers. We will continue to pursue additional non-exclusive distribution partners that are additive to our overall business."

Netflix chief content office Ted Sarandos said, "Netflix is now the only online premium subscription service with shows featured on all four broadcast networks and dozens of cable TV's biggest brands."

Terms of the deal were not disclosed.