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Monday, Oct 28
Netflix reaches deal with CBS for Dexter
- Netflix (NFLX -2.7%) has struck a deal with CBS (CBS -1%) to regain access to Dexter: the streaming giant will offer all eight seasons of the popular Showtime series, with the first four seasons arriving on Halloween. Seasons 5-8 will arrive on Jan. 1, 2014. (PR)
- Netflix lost access to Dexter and other Showtime programs in 2011, after CBS decided Netflix's licensing payments weren't enough to offset the risk of alienating the pay-TV providers Showtime depends on. The fact Dexter recently concluded its last season likely factored into CBS' change of heart.
- Netflix has rebounded a bit after selling off in sympathy with other high-flying Internet stocks.