Netflix renews NBCUniversal licensing deal

It may now be more expensive to subscribe to Netflix (NASDAQ:NFLX), but the company is working to make sure you still have plenty of options to stream online. Netflix renewed its licensing agreement with NBCUniversal for a variety of movies and episodes of shows from its broadcast and pay-TV inventory, including classic Baby Boomer fare like Leave it to Beaver and Adam 12.

Netflix subscribers will have access to past seasons of Friday Night Lights, Saturday Night Live, The Office, 30 Rock, Battlestar Glactica as well as movies from Universal Pictures like Eternal Sunshine of the Spotless Mind and The Motorcycle Diaries.

"This agreement demonstrates our commitment to providing NBCUniversal's high-quality content to consumers on a variety of platforms," NBCUniversal Domestic TV Distribution executive vice president and general sales manager Frances Manfredi said. "We are very pleased that Netflix recognizes the increasing value of NBCUniversal's extensive content offerings for their subscribers."

Netflix has been pushing deeper into the television space of late, working with News Corp. to secure rights to Fox's Glee, as well as investing in its own scripted series, House of Cards.

For more:
- see this Chicago Tribune article

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