Netflix, Time Warner Ink Deal For New Content

Netflix Deal Nets Service Several New Shows
In this Tuesday, Oct. 23, 2012, photo, a woman holds up a Netflix envelope to be photographed in front of a Netflix application on a television in East Derry, N.H. Netflix slashed its prediction of how many U.S. video streaming subscribers it would add this year after subpar third-quarter results, causing a sharp sell-off in its stock in after-hours trading. The Los Gatos, California-based video streaming company said Tuesday it added 1.2 million net subscribers in the U.S. in the three months through September, which was on the low end of its previous forecast of gains between 1 million to 1.8 million. (AP Photo/Charles Krupa, File)
In this Tuesday, Oct. 23, 2012, photo, a woman holds up a Netflix envelope to be photographed in front of a Netflix application on a television in East Derry, N.H. Netflix slashed its prediction of how many U.S. video streaming subscribers it would add this year after subpar third-quarter results, causing a sharp sell-off in its stock in after-hours trading. The Los Gatos, California-based video streaming company said Tuesday it added 1.2 million net subscribers in the U.S. in the three months through September, which was on the low end of its previous forecast of gains between 1 million to 1.8 million. (AP Photo/Charles Krupa, File)

Netflix Inc will carry more shows from Time Warner Inc, intensifying efforts by the video streaming company to attract more subscribers and beat back competition.

Netflix signed licensing deals with Warner Bros Television (WBTVG) and Turner Broadcasting System Inc for previous seasons of shows from Cartoon Network, Warner Bros Animation and Adult Swim for U.S. subscribers.

Shows such as Cartoon Network's "Adventure Time", "Ben 10" and "Johnny Bravo", and WBTVG's "Childrens Hospital" will be available from March 30.

Adult Swim shows "Robot Chicken", "Aqua Teen Hunger Force", and Sony Pictures Television's "The Boondocks" will also be available on Netflix.

The first two seasons of Warner Horizon Television-produced TNT series "Dallas" will be exclusively available on Netflix in January 2014.

Netflix said last week that it would carry previous seasons of popular shows such as "Revolution" and "Political Animals" produced by Warner Bros Television.

It also won a deal in December to stream movies from Walt Disney Co's live action and animation studios, including those from Pixar, Marvel, and the recently acquired Lucasfilms.

Netflix shares were trading up 3 percent at $103.92 on Monday afternoon on the Nasdaq.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Roshni Menon)

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