Netflix reaches deal with CBS for Dexter

|By:, SA News Editor

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.