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Dexter, Californication coming to Canada after Netflix, CBS deal

Actor David Duchovny takes part in a panel discussion for the show "Californication" at the CBS and Showtime portion of the 2011 Winter Press Tour for the Television Critics Association in Pasadena, California, January 14, 2011.

GUS RUELAS/REUTERS

Netflix Inc. has reached a deal with CBS Corp allowing the video rental service to stream shows such as "Californication," "Dexter" and "Twin Peaks" to audiences in Latin America and Canada.

The deal runs for two years and follows a similar agreement between Netflix and CBS earlier this year covering streaming TV shows in the United States. Financial terms were not disclosed.

Netflix shares were up 2 per cent at $272.25 in early trading on Nasdaq on Wednesday.

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Netflix has already launched its service in Canada and is in the process of expanding to 43 countries in Latin America. It plans to soon expand into additional foreign markets.

CBS Corp, owner of the CBS broadcast network as well as Showtime, will make only a limited number of shows available through the deal. Those will include "Numb3rs," "Sleeper Cell," "The United States of Tara" and "Nurse Jackie," leaving out some of its biggest network hits.

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