Netflix Boosting Content To Latin America

News Americas, LOS ANGELES, CA, Fri. July 29, 2011: Latin American audiences will soon be able to rent CBS shows via Netflix.

The company this week announced they had reached a two year deal with CBS Corp. to stream shows such as Twin Peaks, Californication and Dexter to audiences in Latin America and Canada, Reuters reported.

Netflix is in the process of expansion into 43 Latin American countries.

“We are pleased to be partners with Netflix as they roll out their superb service to new markets,” said Armando Nunez, president, CBS Studios International. “This new arrangement – which does not compete with U.S. ratings or Showtime’s domestic subscriber base – underscores the popularity of CBS content around the world, and illustrates yet another meaningful way for us to realize incremental value from our vast library of content.”