Netflix Locks in CBS for More Shows
posted Saturday Mar 5, 2011 by Nicholas DiMeo
Netflix has been doing some great things as of late. On top of them already hitting the $2 billion mark and adding an exclusive deal with Disney, they've been getting help indirectly from their main competitor, Hulu, who has seen some serious troubles in recent weeks.
This week Netflix hooked up with CBS to stream some of the shows on its network, though none seem to be current on-air episodes. This two-year deal will include shows like Medium, Flashpoint, Frasier, Cheers and Hawaii Five-O and includes a two-year extension option for CBS when the deal nears its completion. CBS seems to be excited about this deal, which could be worth hundreds of millions of dollars to the company.
At a time where the next deal could be the make-or-break for either company, it seems like Netflix keeps going up and Hulu is just down in the dumps at this point. Things could turn around in the blink of an eye, especially in this new market with lots of potential. Good streaks can either come to an end abruptly or see a ton of success for a very long time. I hope Netflix can keep doing what's got them to the dance and I wish Hulu would get back on the ball and start making some better moves forward.