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[via press release]

Turner Broadcasting and Warner Bros. Television Group Announce Multi-Year Agreement with Netflix

License Agreements Include Complete Previous Seasons From Cartoon Network, Warner Bros. Animation, Adult Swim and the TNT Drama Dallas from Warner Horizon Television

BEVERLY HILLS, Calif – January 14, 2013 – Turner Broadcasting System, Inc., The Warner Bros. Television Group (WBTVG),  and Netflix, Inc. (Nasdaq: NFLX) today announced licensing agreements bringing to U.S. Netflix members complete previous seasons of animated and live-action programming from Cartoon Network, Warner Bros. Animation and Adult Swim, as well as the TNT serialized drama Dallas (produced by Warner Horizon Television).

Beginning March 30, 2013, complete past seasons of such great Cartoon Network shows as Adventure Time, Ben 10, Regular Show, Johnny Bravo, Warner Bros. Animation’s Green Lantern will become available on the popular “Just for Kids” section of the world’s leading Internet TV subscription service.

At the same time, Adult Swim shows, such as Robot Chicken, Aqua Teen Hunger Force, Sony Pictures Television’s The Boondocks and the Emmy-winning Childrens Hospital from WBTVG’s Studio 2.0, will be made available.

Coming exclusively to Netflix in January 2014 will be season one and two of the critically acclaimed Warner Horizon Television-produced TNT series Dallas.

“We are delighted that Netflix will become the exclusive over-the-top streaming subscription destination for past seasons of favorite Cartoon Network and Adult Swim titles,” said Ted Sarandos, Chief Content Officer of Netflix. “We’re also thrilled to be able to offer the latest seasons of Dallas, one of the greatest all-time guilty pleasures.”

“The industry has evolved so that TV Everywhere and subscription video on-demand services can coexist with the appropriate windowing strategy, while allowing for more content flexibility to meet consumer demand in the changing digital landscape,” said Deborah K. Bradley, senior vice president of program acquisitions for Turner Broadcasting. “We’re happy to offer our popular programming to Netflix members, as SVOD services have become another way to grow audiences and can introduce new viewers to our programming.”

“We are thrilled to continue our great relationship with Netflix giving their subscribers access to more and more of our programming,” said Ken Werner, President, Warner Bros. Domestic Television Distribution. “This represents another evolutionary step in the TV ecosystem working with Netflix, on the SVOD platform, to improve the consumer experience while being respectful of existing business models.”

About Netflix

Netflix is the world’s leading Internet television network with more than 30 million members in 40 countries enjoying more than one billion hours of TV shows and movies per month, including original series. For one low monthly price, Netflix members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments. Learn more about how Netflix (NASDAQ: NFLX) is pioneering Internet television at www.netflix.com or follow Netflix on Facebook and Twitter

About Turner Broadcasting

Turner Broadcasting System, Inc., a Time Warner company, creates and programs branded news; entertainment; animation and young adult; and sports media environments on television and other platforms for consumers around the world.

About Warner Bros. Domestic Television Distribution

Warner Bros. Domestic Television Distribution (WBDTD) is one of the leading suppliers of entertainment programming to the domestic television marketplace, distributing first-run syndicated series, off-network television programs and theatrical motion pictures to local broadcast television stations, as well as to pay, cable, digital, satellite and broadcast networks throughout the U.S. WBDTD handles the domestic distribution of television series produced by Warner Bros. Television, Telepictures Productions, Warner Bros. Animation and Warner Horizon Television; selected HBO Independent Productions and the Lorimar Television library; current feature films from Warner Bros. Pictures; and the Studio’s unmatched motion picture library.