The revolving door that is Netflix’s streaming service has lined up another entrant. The company nailed down a deal to stream previous seasons of scripted CW TV shows starting the year after they air.
Reuters reports the CW-Netflix union is an open marriage, meaning other streaming services are free to swoop in and sweet-talk the CW into giving up episodes of shows it will stream on Netflix, which include Gossip Girl, 90210, Nikita and One Tree Hill.
The deal is said to be worth $1 billion and will last at least eight years.
Deal With Time Warner Brings the CW to Netflix [The New York Times]