Netflix, Discovery Ink Expanded Two-Year Licensing Agreement

Even more news from the Netflix camp, which has just signed an agreement with media juggernaut Discovery Communications to renew and expand their licensing deal. The companies this morning announced a two-year, non-exclusive licensing agreement that allows Netflix users to stream prior-season series and specials, including an expanded selection of additional seasons of popular series from Discovery , TLC and Animal Planet .
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Even more news from the Netflix camp, which has just signed an agreement with media juggernaut Discovery Communications to renew and expand their licensing deal.

The companies this morning announced a two-year, non-exclusive licensing agreement that allows Netflix users to stream prior-season series and specials, including an expanded selection of additional seasons of popular series from Discovery, TLC and Animal Planet.

According to the press release, highlights include Discovery Channel’s Man vs. Wild, TLC’s Say Yes to the Dress, and Animal Planet’s River Monsters.

Earlier this month, Liberty Media-owned Starz issued a statement stating that renewal discussions with Netflix had ended and that the network would be removing its content from the Netflix library once the agreement ends in February 2012.

And unless you’ve been hiding under a rock the past few days, you’ll know that Netflix just decided to split its DVD-by-mail business (which is now called Qwikster), and its digital streaming business into two separate operations. The move resulted in its stock falling like a dropping knife.


CrunchbaseCompany:Discovery CommunicationsWebsite:

Discovery Communications is a non-ficional media media company, responsible for programs such as Discovery Channel and Animal Planet.

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Company:NetflixWebsite:netflix.comLaunch Date:September 21, 1997IPO: NASDAQ:NFLX

With more than 23.3 million members in the United States and Canada, Netflix, Inc. is the world’s leading Internet subscription service for enjoying movies and TV shows. For $7.99 a month, Netflix members in the U.S. can instantly watch unlimited movies and TV episodes streaming right to their TVs and computers and can receive unlimited DVDs delivered quickly to their homes. In Canada, streaming unlimited movies and TV shows from Netflix is available for $7.99 a month. There are...

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