Netflix Strikes Deal with Time Warner to Add Content from the CW Network
>By Christopher Weaver
On Thursday, Netflix reached an agreement with Time Warner’s Warner Brothers Television Group and CBS Corporation to add some new content to their streaming service. The four-year deal costing $1 billion will add content from the CW network. CW’s shows are generally geared toward a teen audience and include dramas like “The Vampire Diaries” and “Gossip Girl”. If this excites you, these shows will be made available to stream as early as October 15th.
This agreement is known as a “output” deal, meaning Netflix will get the rights to shows that haven’t aired yet up through the 2014-2015 season. According to Netflix executives, this type of deal is what sets them apart from the likes of Amazon who typically licenses older content. That doesn’t mean that a competitor can’t make the same deal, as this one is not an exclusive. Though this content is not particularly up our alley here at allGeek, we are glad that Netflix is continuing to show us they are dedicated to bringing us all the content possible.