The joint-venture channels — OWN with Oprah Winfrey, and The Hub with Hasbro — aren’t included. What’s more, “there is not any specific content that Netflix is entitled to,” Discovery Communications CEO David Zaslav told investors this morning at Goldman Sachs’ Communacopia Conference. He wouldn’t talk about the economics of the deal but says that they will “become apparent” the next time the company reports its quarterly earnings. He adds that while “we don’t know what’s going to happen with Netflix” — which is grappling with consumer fury after it raised prices 60% for those who want to stream video and rent DVDs –“right now we think that will not create an issue for us.” Here’s the release about Discovery’s new Netflix agreement:
Los Gatos, Calif. and Silver Spring, Md. — Netflix, Inc. and Discovery Communications today announced a two-year non-exclusive licensing agreement that allows Netflix members to instantly watch prior-season series and specials, including an expanded selection of additional seasons of popular series from Discovery, TLC and Animal Planet, as well as Investigation Discovery, Science and Military Channel. Among the highlights are Discovery Channel’s Man vs. Wild, TLC’s Say Yes to the Dress, and Animal Planet’s River Monsters and other titles from Discovery’s rich program library.
“Netflix is pleased to announce the renewal and expansion of our relationship with Discovery,” said Netflix chief content officer Ted Sarandos. “With television shows playing a never more important role for Netflix, Discovery is one our finest suppliers of top quality programming. We look forward to bringing our members the wide range of the additional episodes and series covered in this deal.”
“Discovery Communications has always been platform agnostic and committed to satisfying curiosity on all consumer distribution platforms supportedby a strong economic model,” said Rebecca Glashow, senior vice president, Digital Distribution, Discovery Communications. “We are pleased to renew this agreement with Netflix, which provides us with programming flexibility and lets loyal and potential fans catch up and discover content. It is a terrific complement to our multi-channel video services and creates addition always to earn value for our 25-year programming library.”