Netflix (NFLX) Signs 'Fist-Pumping' New Deal

May 23, 2011 9:04 AM EDT
Netflix (Nasdaq: NFLX) is going to bring more of the fist-pumping, soggy squirrel fun that consumers have come to grow and love.

According to a post on its blog Sunday, Netflix inked a deal with Viacom (NYSE: VIA)(NYSE: VIA-B) for new episodes of such favorites as "Spongebob Squarepants," "Jersey Shore," "The Hills," "The Sarah Silverman Show," and more from networks like Comedy Central, Nickelodeon, and MTV.

Financial terms of the deal were not disclosed on the blog. The deal includes new shows and additional seasons.

Netflix shares are down about 1.2 percent ahead of the bell Monday.


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