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Netflix (NFLX) Agrees To License Hit Serialized Dramas From Warner Bros. Television

 January 07, 2013 08:52 AM
 


(By Balaseshan) Netflix Inc. (NASDAQ: NFLX) has signed a 2012-13 network slate deal with Time Warner Inc.'s (NYSE: TWX) Warner Bros. Television Group for hit serialized dramas from Warner Bros. Television.

The licensing agreement allows U.S. Netflix members to enjoy complete previous seasons of addictive serialized dramas produced by Warner Bros. for top broadcast and cable networks.

The agreement covers a current slate of eight Warner Bros. shows as well as potential future shows. Under the agreement, the shows can also be made available via traditional syndication windows, electronic sell-through services and on a catch-up basis for recently aired episodes.

[Related -Netflix, Inc. (NFLX) Q4 Earnings Preview: What To Watch?]

Among the shows coming to Netflix next year will be "Revolution," a drama for NBC from J.J. Abrams' Bad Robot Productions set in a post-apocalyptic America which ranks as the #1 new series of the 2012–13 television season.

The shows also includes "Political Animals," the USA Network miniseries with Sigourney Weaver in a Golden Globe– and Screen Actors Guild Award–nominated role as a former First Lady serving as Secretary of State; "Longmire," A&E's top-rated Western mystery series based on the novels by best-selling author Craig Johnson; and "666 Park Avenue," the ABC supernatural thriller starring Terry O'Quinn and Vanessa Williams.

[Related -Netflix, Inc. (NASDAQ:NFLX): Can Netflix Trump Amazon.com, Inc. With New Plans?]

Also coming to Netflix will be the highly anticipated drama "The Following," starring Kevin Bacon as a former FBI agent on the trail of a serial killer played by James Purefoy and which premieres January 21 on FOX, as well as hit serialized Warner Bros. Television series "Chuck," "Fringe" and "The West Wing."

NFLX closed Friday's regular session at $95.98. The stock has been trading between $52.81 and $133.43 for the past 52 weeks.

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