Netflix and Disney-ABC Television Group Announce Deal to Stream Array of ABC Network, Disney Channel and ABC Family Shows to Netflix Members

Agreement Includes Prior Seasons of ABC Hits 'Grey's Anatomy,' 'Desperate Housewives' and 'Brothers & Sisters,' plus Favorites from Disney Channel and First-Time Netflix Access to ABC Family Shows

BEVERLY HILLS, Calif. and BURBANK, Calif., Dec. 8, 2010 -- Netflix, Inc. (Nasdaq: NFLX) and Disney-ABC Television Group today announced a new licensing agreement between the two companies that will allow Netflix to stream hundreds of episodes from the ABC Television Network, Disney Channel and - for the first time - ABC Family over the Internet.

The agreement, brokered by Disney-ABC Domestic Television, will add significantly to the growing selection of movies and TV episodes that can be streamed from Netflix. Once made available to Netflix from Disney-ABC - which, for relevant programming, will be no earlier than 15 days after initial telecast - episodes can be streamed instantly with Netflix memberships starting at $7.99 a month.

Among the highlights, Netflix members will be able to enjoy:

Prior season episodes of current ABC hit series "Grey's Anatomy," "Desperate Housewives" and, for the first time on Netflix, "Brothers & Sisters," all of which are among the network's most successful and popular TV franchises in recent years.

Every episode of recent ABC favorites "Lost" and "Ugly Betty," the latter making its streaming debut at Netflix.

Each season of several hit series from ABC Studios, including "Scrubs" and "Reaper," which are both new additions to Netflix.

A host of content from the Disney Channel, including the hits "Phineas and Ferb" and "Good Luck Charlie," which are also new to Netflix; updated and expanded offerings of "The Suite Life on Deck" and "Wizards of Waverly Place;" and library offerings from the smash hits "Hannah Montana" and "The Suite Life of Zack & Cody."

A wide range of content from ABC Family, marking the introduction of ABC Family content streaming from Netflix. Included are the hit series "Greek," "Make It or Break It," "The Secret Life of the American Teenager" and "Melissa & Joey."

"TV content streamed from Netflix has proven to be immensely popular with our members," said Ted Sarandos, the company's chief content officer. "Adding to our existing Disney-ABC lineup with great network and cable shows, and opening up ABC Family for the first time, are important steps in creating a wide and diverse selection of content Netflix members of all ages can watch."

In addition to the hundreds of TV episodes included in the agreement, Disney Channel and ABC Family movies such as "High School Musical," "High School Musical 2," "Camp Rock," and "Beauty & the Briefcase," as well as new releases "Avalon High," "Camp Rock 2: The Final Jam" and "Revenge of the Bridesmaids," will also be available to watch at Netflix.

About Netflix

With more than 16 million members in the United States and Canada, Netflix, Inc. [Nasdaq: NFLX] is the world's leading Internet subscription service for enjoying movies and TV shows. For $7.99 a month, Netflix members can instantly watch unlimited movies and TV episodes streamed over the Internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are Microsoft's Xbox 360, Nintendo's Wii and Sony's PS3 consoles; an array of Blu-ray disc players, Internet-connected TVs, home theater systems, digital video recorders and Internet video players; Apple's iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, more than 200 devices that stream from Netflix are available in the U.S. and a growing number are available in Canada. For more information, visit www.netflix.com.

About Disney-ABC Television Group

The Disney/ABC Television Group is composed of The Walt Disney Company's (NYSE: DIS) global entertainment and news television properties, owned television stations group, as well as radio and publishing businesses. This includes the ABC Television Network, ABC Owned Television Stations Group, ABC Studios, Disney Channels Worldwide, ABC Family and SOAPnet, as well as Disney/ABC Domestic Television and Disney Media Distribution. The Radio Disney network, Hyperion publishing, and the Company's equity interest in A&E Television Networks round out the Group's portfolio of media businesses.