Wednesday, July 13, 2011

Netflix and NBCUniversal Renew Content Agreement

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On the heels of the price “adjustment” for most Netflix plans, Netflix and NBCUniversal announced today that they have reached a multi-year renewal of their licensing agreement that expands the selection of Netflix streaming titles from NBC and it’s Cable networks.  Shows like Warehouse 13, Psych, The Event, Law and Order: SVU etc.

These deals are likely costing Netflix more and more cash and Netflix is testing the waters to see how much the online service is really worth standing on its own.  It should be interesting to see how content selection changes and how subscription rates change over the next few months.

Read the entire press release for additional information on which shows will be available on Netflix Streaming.