Netflix, Discovery Ink Expanded Two-Year Licensing Agreement

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Wednesday, September 21st, 2011
discovery

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.


Launch Date: June 17, 1985

Discovery Communications (Nasdaq: DISCA, DISCB, DISCK) is the world’s #1 nonfiction media company reaching more than 1.8 billion cumulative subscribers in 218 countries and territories. Discovery is dedicated to satisfying curiosity through 155 worldwide television networks, led by Discovery Channel, TLC, Animal Planet, Science and Investigation Discovery, as well as US joint venture networks OWN: Oprah Winfrey Network, The Hub and 3net, the first 24-hour 3D network. Discovery also is a leading provider of educational products and services to schools and...

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Company: Netflix
Website: netflix.com
Launch Date: 1997
IPO: NASDAQ:NFLX

Netflix is the world’s leading Internet television network with more than 33 million members in 40 countries enjoying more than one billion hours of TV shows and movies per month, including Netflix original series. For one low monthly price, Netflix members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments. Learn more about how Netflix (NASDAQ:NFLX) is pioneering Internet television at...

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