September 24, 2010 / 12:47 PM / 7 years ago

Netflix signs expanded license agreement with NBC

BANGALORE (Reuters) - Netflix Inc said it signed an expanded license agreement with NBC Universal Domestic Television Distribution that will allow its subscribers to watch content from some of NBC Universal’s popular cable channels.

<p>Netflix CEO Reed Hastings speaks during the unveiling of the iPhone 4 by Apple CEO Steve Jobs at the Apple Worldwide Developers Conference in San Francisco, California June 7, 2010. REUTERS/Robert Galbraith</p>

The multi-year deal, which kicks off next week, allows the streaming of prior season cable and broadcast TV series new to Netflix members.

Netflix subscribers will be able to watch content like “Saturday Night Live,” “Friday Night Lights,” “Monk” and “Battlestar Galactica,” the company said.

General Electric, which owns NBC Universal media business, is in the process of selling a majority stake to cable operator Comcast Corp.

Reporting by Jennifer Robin Raj in Bangalore

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