February 22, 2011 / 7:33 PM / 7 years ago

CBS sets deal with Netflix to stream some TV shows

NEW YORK (Reuters) - CBS Corp struck a partnership with Netflix Inc allowing the online video company to stream CBS library content including television shows “Cheers,” “Frasier,” “The Andy Griffith Show,” and “The Twilight Zone” to Netflix subscribers.

Terms of the two-year, nonexclusive agreement were not disclosed.

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

Reporting by Jennifer Saba, editing by Gerald E. McCormick

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